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


To: Citibob who wrote (7261)2/11/1998 2:09:00 PM
From: The Rooker  Read Replies (1) | Respond to of 10368
 
RE:
Please tell me what I am thinking is crazy and far fetched.

What your thinking is crazy and farfetched :-)

RE:
Given the continued deterioration of the stock price with no bottom in sight except for $1.40 in cash per share, could this company for all intents and purposes getting ready to go out of business????

Look at the revenue stream, would you go out of business?

Just bought 1600 more shares today.

The Rooker



To: Citibob who wrote (7261)2/11/1998 2:20:00 PM
From: Richard Babusek  Respond to of 10368
 
Citibob, re. Is company going out of business ? How does one disprove a negative?

Short of embezzlement I can't figure out why that thought makes any sense. The stock price <imho> is the result of the same problem as the fiasco with the warrant call, and that is it's thinly held nature. We owners don't have any more dough, and the price can't raise unless we (someone) offers to buy !!

This is exactly the type of situation I love to discover (when I have cash) under valued stock with good earnings, a bag of cash, and stockholders in a panic.

I'm Going to Las Vegas for a week, when I get back home (to sunny southern CA) I'll probably be buying (of greed) or selling (of need) a bunch of BNGO. <gg>

Dream (but don't let the bad dreams impact your decisions) a little.

Ricardo

PS Please don't lets start an embezzlement rumor ! ! !