SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?


To: Manny Gugliuzza who wrote (558)10/13/1998 10:28:00 AM
From: james bravick  Respond to of 942
 
biz.yahoo.com

Jim



To: Manny Gugliuzza who wrote (558)10/13/1998 4:18:00 PM
From: Harry W. Lowe  Read Replies (2) | Respond to of 942
 
AR,

Nice to hear from you.

My technical indicators for LCAV show on balance selling rather than accumulation. Also, considering the bearish nature of the stock market, I am not a buyer of this stock at this time.

None of the Eye Care sector stocks show any uptrend, so I would not recommend purchase of any Eye Care stock at this time.

LCAV could very likely test its lows of $1 1/16 (2/4/98 & 2/25/98) and in worst case, $0.96875 (1/9/98). Regardless of the increased volume, the momentum has gone out of this stock.

There are just too many other more promising stocks better looking chart patterns to choose from once the market trend changes from bearish to bullish.

I'll continue to follow LCAV and post whenever price action dictates, but I do not choose to tie-up my investment capital waiting for this stock to make its move.

Harry