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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: Baldur Fjvlnisson who wrote (1300)2/12/1999 3:26:00 PM
From: RLM  Read Replies (1) | Respond to of 2153
 
I don't know how many new investors yesterday created. I think it was just market manipulation by the MM's to scare out some people because they wanted shares. New individual investors is fine. Day traders can surely pump up a stock, temporarily. But what you really need is institutional investors. This isn't going to happen tomorrow. This is not a short term investment. If you are patient, you will see LEAH come out with audited results, become fully reporting, get on an exchange and attract institutions. It may not be an adrenalin rush like day trading but if you take a view that at %10 your money doubles every 7.2 years, then if you can make 10 times your investment in LEAH in 1 year then why not wait. Day trading in volatile stocks is risky. Most people do not have the personality for it. LEAH IMO, is much less risky and has little on the downside and a great upside potential.