Labwire Inc (LBWR)

[SOROS]

Looks to me like only about 76,000 shares thrown out on a market sell basically by someone in a panic. That's only $2,356 and the market cap of LBWR is cut in half! Bet this same person dumped all their holdings today and did this to many other small stocks as well. The few people who invest in small stocks, and actually have any cash left at this point, seemed willing to buy at .05, and a few lucky buyers threw in probably .032 when they saw those panic sells and then moved up their bids until the MM took .038 for the .031's he just got from the panic fellow.

So to say someone painted to make LBWR look like a .06 stock is highly inaccurate, IMO. More accurate to say ONE guy in a panic selling only a couple of thousand dollars of stock is painting a highly inaccurate picture of this company's value. It could just as easily be a .15 or .20 stock in reality that is having a tough time finding new buyers with cash willing to invest in a pink sheet.

If I had an extra $20K laying around, I guarantee you this would be back at at least .12, because I would take all the shares of the guys in a panic right now. Of course, this could be the end of the world, in which case, the Dow will go on down to less than 1000 and gold will rise to $4,000 an ounce, but I wouldn't bet on it just yet. At any rate, selling $2,000 of LBWR at 1/5 it's true value seems short-sighted, and it won't save you if it's the end of the world anyway, right?