Laser Energetics, Inc. (LNGT)

[passthegravy]

As I stated before, I can certainly understand all of the buying at these prices - lord knows I've been buying like crazy myself as of late.

But, what I don't quite understand is the motivation to sell right now--certainly not on the eve of the upcoming news. Especially not when the news is descibed as "very, very big"-words that I have not seen anyone use to descibe any of the PRs to date.

So, what's everyone's theory as to why people are selling? A few days ago the prevailing theory was that people who bought at lower prices wanted to sell to ensure that they receive a profit. Well, what makes them more willing to do so NOW as compared to before? If one stuck through thick and thin--and held through the ups and downs--why would one sell on the eve of the "very, very big" news?

Let me add that the two board members that report the existance of this news have been reliable to date. Also, they state that their source is reliable.

I know that Gonz sold many of his shares so he could pursue other opportunities -- but I belive he did so before the existance of the forthcoming news was brought to light, right? Gonz, if you're out there, what is your opinion of this report of news?