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

To: puddinhead who wrote (135)11/10/1998 2:43:00 PM
From: Judy Muldawer  Respond to of 608
 
$ .30 by year's end is still better than the current price.

Time will tell with this one, but a penny stock is still a penny stock. What % of penny stocks make money when compared to more expensive stocks?

I don't know the answer, but I presume there is a higher risk factor in the "unproven" companies that tend to sell their stocks under $ 1.

Judy



To: puddinhead who wrote (135)11/12/1998 9:49:00 AM
From: puddinhead  Read Replies (1) | Respond to of 608
 
If all that is lacking for LGOV to get listed on the small caps in NASDAQ is the stock price, why not a reverse stock split. This is not always a positive thing to do but it would be worth it to get listed plus it would reduce the number of shares to a more desirable level.


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