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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd. -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (2836)1/12/1999 3:32:00 PM
From: CAPT.DAN  Read Replies (1) | Respond to of 7209
 
And the big picture represents how many out standing Shares?



To: jmhollen who wrote (2836)1/12/1999 8:22:00 PM
From: Judy Muldawer  Read Replies (2) | Respond to of 7209
 
What is the point of "grasping the bigger picture" when the stock is at such a low price and I am holding it at a loss.

These penny stocks are so risky. For me, the risk is not worth the potential reward. I would rather put my money in companies with proven track records.

For instance, just Friday I bought 1000 shares of "G." On Monday, it gained over 6 points. Today it gained over 2! I've made almost 10K on paper and am still holding because there is a lot more potential.

Perhaps the gains in "G" will cover my losses in LGOV if I ever decide to sell for a tax write off. A loss is not a loss and a gain is not a gain until the stock is sold. For now, I will hold onto LGOV and hope that the future will be brighter.

Judy