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Microcap & Penny Stocks : LifeOne, Inc. (LONE) -- Ignore unavailable to you. Want to Upgrade?


To: Sam Matz who wrote (199)3/23/1999 8:25:00 AM
From: paper man  Read Replies (1) | Respond to of 1834
 
Greetings to all: Again, the quality in this thread allows for much fun and the balance for great attitudes. I have been a steady reader and have enjoyed posting lately.

My comments on trading are this. I am not a trader, so one could imagine how i base my opinions. In our small group of five investors, I count our total holdings to be somewhere around 375,000 shares. Alot of these shares have been held from the accumulation level a couple years ago between 3.00 and 5.00 dollars. They did see 7.00 dollars. My own position is average much lower as I was a follower in our group and bought at lower levels. I saw 3.00 dollars on the top.

Our group, excluding me and one other,consists of three individuals that have greater wealth and left this possition sit through the down side, as the tax loss philosophy is of different nature in theri minds, being of greater wealth. Those three are also insuarnce industry executives.

The long and short is that we might still be in vegas today, but on any day, the judge can remove sound settlements from his platter and make more room for important problems that need the courts time. ( i hope this comes to be soon)

Its my opinion, that if this occurs, the Mms will dingo bingo this on a vicious up movement on the ask, and that may be why we have them hitting the bid when filling sell orders. If not this, then they are actually printing bid side trades and not fulfilling ask side trades.

Anyway, if this company gets its release, i expect we will be back below 5.00 dollars, but hopefully above 2.00 dollars. These are obviously MY OPINIONS and do not constitute any recommendation to buy or sell. Lok at the three year charts and the dramatic rise past 4.00 dollars on what was really low volume. There is not alot of float here. We hope to dry up another hundrend thousand shares or so.

again. These are my opinons and I value the opportunity to share them, but by no means should they be considered investment advice. Do your own DD and consult your wife. Mine is still mad at me.

regards and good luck