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Non-Tech : London Pacific Group - LPGL doubles... -- Ignore unavailable to you. Want to Upgrade?


To: drakes353 who wrote (397)4/23/1999 7:21:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 737
 
drakes, in London the stock was all the times cheaper to buy than on the naz. One time the discount was over 10%. Compare the nasdaq high at $38 to the london high of 510p in the same minute (~$33.25).

IS



To: drakes353 who wrote (397)4/23/1999 7:22:00 AM
From: Ken Whiteside  Read Replies (2) | Respond to of 737
 
Here's a Profit Taking scenario -

Let's say you turned $5000 into $10000 so far with LPGL. Great, now you want more. What would have a better chance of that, Getting into NETP around $40 with chance of spiking to $70 in one day, or hoping LPGL keeps going to mabye $40 tops if the longs are right with the risk it going to low 20's by early next week. Keep in mind that the current price of this stock is backed by people who go in at the teens and are sittin pretty. Shorters know this and they know profit taking is going to happen.

The LPGL train is connecting to North bound NETP today and LPGL is heading south. Don't forget to make it a round trip back to LPGL before it connects with RAMP.