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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: swiss who wrote (4997)5/16/1999 7:11:00 AM
From: Alert-Inv.  Respond to of 108040
 
Not new to this terrific thread - been lurking, but first-time poster.

Check out LAKO. It used to be a stable little energy play out of Atlanta, making money, coming off a double bottom.

They announced last week that they are buying a HIGH-SPEED ISP (not just an ordinary ISP) in Houston. Probably a stock deal. The volume exploded, even before they made the announcement, the float turned over several times, and there are some strong holders in the stock now. Its own SI thread is only a few days old, but they're all as excited as a cow in a hurricane...

First resistance is at 3/8, next a straight shot to 3/4. Don't sell before it gets there. Float is 7MM, OS is 17MM. It'll be like taking candy from a baby.