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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?


To: Chip Roos who wrote (217)1/9/1999 2:06:00 PM
From: Beermeister  Respond to of 626
 
Ok Market Maker, Good Dissertation. You must be shorting!



To: Chip Roos who wrote (217)1/9/1999 4:47:00 PM
From: Chip Roos  Read Replies (1) | Respond to of 626
 
No I'm not shorting....in fact, I'm not sure shares to short are available on penny stocks.
The only reason I even watch LCSG is that I received unsolicited an e-mail extolling the virtues of this great company that is kind of like Callaway Golf, Amazon.Com and even sells magnates to cure all ills.

Admittedly, the stock was at 52 cents at the time and yes, I could have made money had I bought then. In fact, I believe the stock hit $1.50 or so. But like most penny stocks, I believe this will be down to a penny or so in the near future. No sales, not profits.....just alot of hype.

I get a feeling of satisfaction long after being told how stupid I am and how little I know about these types of stocks. In the end, I'll have the money and if history proves correct, there will be many investors bitching about being ripped off. The verbage is usually the same....threats of lawsuits, etc. Nothing ever really happens except a bunch of small investors lose their shirts.

Sad but true.

Chip



To: Chip Roos who wrote (217)1/9/1999 9:44:00 PM
From: M. Dion  Read Replies (1) | Respond to of 626
 
This may be the case chip and mary.....that this company is a scam.....but it has internet written on it....and as a result.....Has upside potential......Plus they do have a track record.......

time will tell....I can see this stock making a move to 1.50....then im out.....thats about 50%+....ill take it......are you guys saying it cant do that.....whats the risk in this market?

At 1.00...its a penny stock....its speculative.....It wouldnt be at these prices if it wasnt.....

JMHO

mike