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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: IRVINESULLY who wrote (3041)2/17/1999 9:59:00 PM
From: hoffy  Read Replies (1) | Respond to of 52051
 
DId any of you take advantage of SHOO the past 2 days. The idea is to get in before the news and ride the gaps up. TLTG presents this exact strategy. Their website for their Mall opens on Friday. This is known only to the people who visit their site. They will surely put out a release on Friday when it opens, as this company is very good at press releases. Just check out their recent news releases. They don't miss a beat. The news of a new internet mall opening along with the small float gives this a great chance to be a big big riser. The idea is to get in before the big rises and sell into them. I use this strategy a lot and it can make you a lot of money very quick. Watching for opportunities like this is a key to being a successful trader. If you can get in before any rise then it takes away any chance of being in the stock when it falls after the big rise. No one knows how far a stcok will go once it starts to move up fast so it's dangerous to get in while it's moving. But buying before it starts to go takes away a lot of the risk. If the stock doesn't move on the news then you can just get out for an even trade. Low risk and high reward on the big movers. TLTG presents this opportunity now through Friday/monday . I bet it starts to move early tomorrow as people get wind of the sight opening and the news spreads through the chat rooms.
Check out their webiste. WWW.teltran.com
Good luck



To: IRVINESULLY who wrote (3041)2/18/1999 2:22:00 AM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
SULLY; on WEGI; we're waiting too; please post news & financials/ thanx, sw



To: IRVINESULLY who wrote (3041)3/1/1999 1:48:00 PM
From: GERBER  Respond to of 52051
 
LUMM

very interresting post

I just finished speaking to Stephane Solis Of Groome Capital Inc. who are still involved in that financing proposal outlined on LUMM's site. That proposal mentioned the figure of $5M. Groome is still active and working on that financing presently. I asked if any of the little guys like myself could participate, and he replied the minimum amount they would consider from any individual was $150,000. I got the impression that Groome is in active discussion with some large source(s) of funds interested in way more than $150,000. On the prospectus availability he said that it would be produced when the financing is completed. I said that seemed backwards, and he replied that was common in private placements.

So the $500,000 is not the end of the financing, only a step along the way. There are 16M shares out, 67% with the two founders, 5% to each of the two universities involved and 22% (4M) issued to the original venture capitalists of which maybe 1M has been sold. The float is 4M shares but only 1M has likely been sold. So the theoretical float is 4M shares, but the actual float is 1M shares.

This latest financing increases the issued capital by 2M shares, 1M now and 1M in 30 months, for which LUMM now gets $500,000 and will get $900,000. Any start up must balance the need for funds with the dilution caused by issuing shares. But such is the nature of the game!