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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (6250)1/9/1998 1:48:00 AM
From: mark cox  Read Replies (2) | Respond to of 10368
 
Freeus, I have a thought about your selling your BNGO that you bought on margin. Of course you must take everything I say with a grain of salt and make your own descion.
I have said previously that $6.25 should be a support level. It may get penetrated intra day but hopefully it will stay above this level. I am also under the notion as is George Peden #6249 that BNGO seems to be falling back into its old pattern. If it does, BNGO should be in the $7.25 range sometime in the next two weeks. Also I have been anticipating some news on some acquisitions anytime now. Ted said in post #6255 that Mike Fearnow said there are rumors of such sometime in the next two weeks. So I would take all of this into consideration before you sell for losses but do what you think is right.
If... BNGO does go back to its old pattern then the next two weeks should be that last time we see these low levels. To add fuel to the fire we have the acquisitions forthcoming, marginability, the 10K, and Nasdaq NMS listing all coming over the next couple of months.

Take all of this speculation for what it's worth.

Mark