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

To: MonteChristo who wrote (1114)	6/4/1999 2:34:00 PM
From: makin_dough99	Read Replies (1) \| Respond to of 1834

Monte - you are 1000% CORRECT :)

To: MonteChristo who wrote (1114)	6/4/1999 3:15:00 PM
From: makin_dough99	Read Replies (2) \| Respond to of 1834

Monte - what's your take on that 50,000 sold 4 cents below the bid?

To: MonteChristo who wrote (1114)	6/4/1999 10:15:00 PM
From: MonteChristo	Read Replies (2) \| Respond to of 1834

Ok, couple of comments. I've received a couple of emails and such wondering if I have wavered in my support of the certificate pull based on the linked post from earlier today. In a nutshell, no I believe that if you have long term money in LONE you should continue to ask for certs. Some say this won't work. I truly don't know. I based my decision to pull certs on the research and recommendation of individuals I have been in contact with and those that the company themselves took council under. Bottom line right or wrong what has it cost me? . . . well $15. For that kind of investment I truly believe that it is worth pursuing. I have not been playing the game as long as some of our esteem colleagues. We all have lessons to learn and experience to learn from. I truly believe that the best things learned are from personal experience. For instance, I have two brokerage accounts, long term and short term. I split them up very purposefully to keep my focus and not to gamble the house away. This was a lesson I learned the hard way. In each of those accounts I have another rule: I never buy a stock at a price higher than my average cost of shares. Again, I learned that one the hard way. But I never break the rule. These are my rules. They don't have to be yours; they may not even work for you and your style of investing. For me, it seems logical that a large enough cert pull could have an impact on the stock. Yes, I believe that a split or dividend are other methods, but for me it's worth the $15 bucks to give it a shot. I posted earlier that newsletters, cert calls and investment bankers have short-term influences on the stock price. Yes, what I am saying is that if all the certs are called and the shorts cover and the price skyrockets, it's of little use if the company cannot produce solid growth. The same goes for investment bankers who choose to invest in the company. They can throw as much money as they want into the till, but unless the company can turn the capitol into a concise plan to grow the company, it too will falter. I know we have a few disappointed people over the last couple days over the sudden spike and drop. If you traded in and out and made a buck or two . . . great! If you held on and are mad that you didn't sell and buy back at a lower price or cover your investment or take some profit then I ask you to look at why you invested in this company to begin with. Was it because of the potential they have shown you? Was it the consistent effort to grow? Was it their business plan? Was it their future plans for spin-offs? Was it something else you found in your research? Was it a newsletter recommendation? What ever you based it on . . . look at why you did and please make a decision as to whether those reasons still exist. For me I've based it on my knowledge of the company and their business plans. To me there is potential in the mid to long term. I've held through the last couple of days. Could I have made a quick in and out move, sure, but to me the odds of it going up are as good as it going down when you have the action going on we've seen the last few days. To me nothing in principal has changed. That's my view. You have to come up with your own. I'm sorry to ramble on but I felt the need to get a few things off my chest and explain to those who inquired my position on some of the recent issues raised.