To: Dusty who wrote (1351 ) 5/11/1998 2:53:00 PM From: BlueCheap Read Replies (1) | Respond to of 7209
Real Time .42 x .48 Vol. 3,276,000 . I'll have to wait and figure it up next April to answer your question Dusty.. I can tell you this..If I sell for an average of .67 cents and buy back fro an of .39 cents I have picked up a total of .28 cents GAIN provided LGOV trades back to that average.. I SEE that as a HUGE profit... Now as to SUPPORTING the company....I happen to believe one CAN do that MORE than ONE WAY.. I've said this before, but if I REALLY believe in a company, then I want to OWN AS MUCH of THAT company's stock as possible. SO, a VERY good way to OWN MORE stock is to SELL on a NICE RUN, exercise patience and BUY MORE STOCK at a much lower price than the price at which I sold. If I use profits and ADD to my position in that GREAT little company, then if the price of that company's stock goes up to the previous expectations, I'll profit the MORE.. Would that not be SUPPORTING that company??? If I don't do it that way I would lose that .28 cent profit and the confort of knowing the stock would now have to drop to .05 cents before I could lose a dime of my original investment.. I don't expect everyone to use the same strategy as I do but I can assure you were it NOT for that strategy, I would not have to worry about TAXES Period............................. Lets just hope in this LAST hour of trading, will see this as an opportunity to either get back in or to get in for the CONTINUED move UP....This likely scared the daylights out of MANY, when in reality it should have been expected...I was surprised myself that it dropped this low, seemed WAY over sold and if that is correct then we can expect a NICE rebound... Regards, Malcolm