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


To: B-MAN who wrote (7131)2/6/1998 1:03:00 PM
From: SE  Respond to of 10368
 
It is nice to be back in. Fundamentally, I don't even think these guys can screw it up...well, I hope not. Things look positive at these levels, and I think that even if SC does something stupid, we are still sitting at $8 or so by year end. That is the worst possible case scenario. I suspect we will hear something sooner now, rather than later...within the next week or so and that is just a guess on my part based on general knowledge that we all have.

I may be in earlier than need be as today might not be the reversal day I am looking for, however, my purchases at these levels I believe to be safe from much in the way of price erosion and I look to double the position as the stock crosses my broker's level for marginability. I will trade at least half the position and will hold the other half as a long term hold (long term=till I get tired of it! <<GG>>)

Wish I had something concrete to offer, but all I have is the chart read and a feel that this is the time. Enjoy the ride up...it will be bumpy, so bring along a good sense of humor and a couple of seat cushions. Hmmm, a bottle of TUMS might not be a bad idea either.

-Scott