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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 (1525)5/18/1998 11:13:00 AM
From: BlueCheap  Read Replies (2) | Respond to of 7209
 
WHO wouldn't, but if it can be done by ONE person then that would be a stock which goes beyond MY RISK TOLERANCE, cause I've been on the OTHER SIDE of those $$$$$$. That is THE VERY REASON I TAKE advantage of opportunities WHEN they are presented.

I bought back in last week because I could see nothing which would have caused the pull-back other than just USUAL PROFIT TAKING at such a precentage MOST could NOT resist. When that began, another USUAL response was PANIC SELLING, either to PROTECT a profit or cut a loss, both NORMAL reactions. Since these actions are also USUALLY OVER PLAYED it is USUALLY locical to assume that the BOTTOM to which LGOV dropped before BUYING came back in would be very close to to the NEW BASE.
Acting on my past experience of such, I began BUYING (LGOV) from .28 cents to .35 cents...A risk is always involved in any purchase of any stock..
I don't mind holding a CORE position in a stock, but I sure don't intend to sit on one and ride it UP and then just sit back and watch it crash back down over 100%.
This .25 to .35 cent level appeared to be an opportunity to ADD to my position of risk tolerance. If I have speculated correct I will have done quite well, If not then the risk was worth the effort...
I fully intend to OWN shares of LGOV when they put those "Supposably GREAT #'s out). I been hearing about these ever since last June, and I SURE hope I'm around looking at a position with a PROFIT, WHEN this announcement IS made. If "IF" it is just HALF as good as claimed, then I'll have speculated VERY NICELY:)
ML