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

To: Paul R Hnott who wrote (1398)	5/12/1998 12:51:00 AM
From: Phil(bullrider)	Read Replies (3) \| Respond to of 7209

Paul, How can you be comfortable investing in a company you know nothing about other than what the company tells you or what you read on their webpage? I began my investing before their was anything called the Internet. The Internet has made research available to the average person that was not available when I started, back around the middle 70's. I have been in the market a long time, but didn't really make any money until I started leaving penny stocks alone. I would truly love to find a stock selling for 65 cents that I could buy a few shares of that would make me rich. Is this the one? Only time will tell. Why is everyone so secretive? What is there to hide? Why can't I find out anything on this company? I know it's a OTC:BB company, but just because you don't have to, wouldn't you want the public to know what the company is doing if you don't have anything to hide? Everyone on this board keeps saying "Check out the Web Site". You and I both know a company can post anything they want on a web site and who is there to check it out? They don't have to report, right? I want to see 10k's etc. Have you ever tried to research this company? As I posted, I tried all day. I could not find a data base that had any information other than news releases (from the company) or quotes. As I said, I am not trying to rain on anyone's parade, but I hope, with the widespread use of information, VIA the computer, TV, or whatever, the day of the pump and dump stock will come to an end. Is this stock a pump and dump? Only time will tell. If I missed an opportunity, I will be forever sorry. I have chased a lot that I have wished I had missed. I am truly glad I did not chase this one this morning. Just suppose for a minute that you had been the guy that bought 100k shares @.75 and watched it fall to .25 How do we know it wasn't a short seller selling to the market makers knowing he wouldn't lose? You don't and I don't. Did you watch the trades today? If that wasn't market manipulation by the market makers I don't know what else it could be. The difference between the bid and ask was at times 20 cents on a 45 cent stock, All on the 100 share trades. In closing, I wish you all the best, I would love to join you, But until I can find out more about this company, I'll be content to sit and watch. If it gets to around four dollars and they get to the point where they have to report, you might see me back. Till then, this is my last post on this thread. I have fresher fish to chase. Good luck to all, Phil