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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: Dusty who wrote (1248)	5/9/1998 11:15:00 AM
From: BlueCheap	Read Replies (2) \| Respond to of 7209

A broker friend even decided to BUY some LGOV for himself Friday before the close. He said with NO NEWS AT ALL on this stock his screen showed a STEADY STREAM of ACCUMULATION (something we have all talked about here). He said for this kind of accumulation to occur, he felt it HAD to be houses buying up stock to sell later and that they were likely buying whatever stock was for sale. That likely there was HUGE BLOCK ORDERS that was being filled by MM's after the MM's rounded up enough inventory. That it looked like to him, to fill this inventory, the MM's were using the same technic between each .10 cent interval. That being, spike it a few cents early, back it down mid-day, then allowing those accumulated inventory to be bought late each day. We all know that this has occured since LGOV left .20 cents. This broker said "I can't find any news at all that would cause this, so SOMEONE MUST KNOW SOMETHING." I said, well there are a few on SI who have said there IS SOMETHING TO this Story....What about that Dusty??(VBG) Got Brokers wondering WHAT thast SOMETHING IS NOW. Regards, Malcolm