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Microcap & Penny Stocks : LGOV: For the Serious Investor -- Ignore unavailable to you. Want to Upgrade?


To: francis terry who wrote (130)10/27/1998 7:31:00 AM
From: puddinhead  Respond to of 608
 
Maybe you and I have something in common. almost everything we do investment wise seems to turn out sour. I have a friend Chowderhead who also is a investment loser and should always do the opposite of what he says. Chowderhead has a bunch of penny stocks that are going nowhere but he is afraid to sell because he things when he does they will take off.

Months ago when LGOV was making it's run to the 70 cent area the charts that I follow showed that it was time for a big decline. I stated that and took heat from the rah rah section :o) or :o( that I was a day trader. The charts showed me that it was going down to the mid 20's which is where I bought twice. Obviously a mistake. But I am considering one more large purchase at this 10 cent level to average down so when it gets back to the high teens I can get out of this dog.
It will probably go belly up when I buy, with my luck.

LGOV needs to see the vet.