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Re: Investool post# 74135

Thursday, 09/23/2010 7:10:58 PM

Thursday, September 23, 2010 7:10:58 PM

Post# of 103302
I agree that MM's like having control but they are also in the stock to make money. MM's do not follow the buy and hold approach that most investors follow. Over time their strategy of buy/sell on 20 to 30% swings works. Unfortunately the long investor is watching too closely and they get discouraged. LLEG has been trending upward but it still is in a relatively predictacle trading range and this is what MM's or day traders love. Revenue and profit are what will ultimately make LLEG go up and the MM's and day traders will follow it up. If you are long in this stock, my opinion would be to not pay minute to minute or hour to hour attention to LLEG. It will just make you crazy. As long as there or no reverse splits, this stock will rally big over time.

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