Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: yosid who wrote (173)	1/23/1998 10:00:00 PM
From: Manny Gugliuzza	Read Replies (1) \| Respond to of 942

spread themselves too thin with lenses,lasers, procedures, and all the litigation inbetween. i see exactly what your saying. now they should be getting some price support for future prospective earnings. i think you may be right about the buying but i am not sure about the 3$ purchases. i was just comparing lvci to lcav and price to # of shares outstanding they are about even in market cap lcav may keep a slight advantage if summit insiders hold their shares the float may only be 1/3 (12 million) vs 2/3 for lvci at 6.4million out of the 9.28 outstanding. this company has had 2 reverse splits already in past few years. why do you think a stagnant price would encourage a reverse split? tighten volume down to bolster the higher resulting stock price? the only reverse stock split i ever did well with was storage tech. i bought it for 1.50 per share they reversed 10/1 at 2$ it went from 20 to 10$ then to 80$. LCAV looks strong close above 50 day MA 13-5-7-7 43% previous high 55% however faster 15-1-5-5 is 82% high is 90% watch this closely for arching. 10 and 20 day MA are criscrossing and rising very positive and will support a higher stop sell. however any pull backs in trading look like buying opportunities so far. rel strength index at 73% prev high 82 and 85 % please print second weekly opinion now and again sat after 7 AM for update to compare i posted that site also at reply #152. right now i believe we are trade filling 2 gaps in trading from the previous rally. one on the way up and the other 3 days later on the way down. they are small but gaps need to be filled. although we have not closed above the previous rally high we are above the highest close of that rally. going out on a limb here (without a saw) i am looking for a gap up monday or tues putting in for a test of 2.375. the chart and trading here is way different then the previous rally (false start) that rally gapped up silghtly traded 2 days gapped down slightly and was gone--. we have positive consolidation with volume pull back and trading narrowing and we should blow away this resistance area providing a future area of support to buy back into. either way the next few days will tell wether we resume up or not. i do not feel it is wrong to sell at this resistance level however i am just not sure where to get back in. maybe at the stopsell levels near the 10 and 20 days MA with a gap up i look to sell at 2 5/16 . with a strong trade up maybe just below the trading levels of mid oct thu early dec. 2.50's my actuall original goal from the purchase. good luck be decisive and check a second opinon its always good to get one of these before cutting. ar.