Lot78 Inc. (LOTE)

[fmrick]

Market Cap $100MM, yea sure.

The pump appears to be over (is that all they got for their $2.5 MM?). If it is, that explains the drop in volume. The play was to buy it as early as you could and get out just as the pump ended. I held it from a Monday at 10:30 am until Thursday afternoon going into a holiday weekend. I did not want to leave my money on the table over the long weekend.

I made just over 34%. Not going to make me rich, but if I take 10 grand and do that 10 times a year, it adds up. When you know there is a pump going on, you make the quick money and get out.

Might it go to $2? I don't know and don't care. I'll keep watching to see if they do Pump II. If they do, I'll jump back in.

If you are here for the long haul, good luck. But I sure hope you are not making that decision based on the pump information. That would be a mistake. But if you understand the industry and have some knowledge about this company, then you are ahead of the rest of us.

If you don't, I'd sit back and wait for it to drop and buy after they release some REAL numbers. Only then will we know what this company is all about. Until then, all most of us have is the pump information.

GLTA