Interesting call. You base this on weak bid support. May I suggest a book by Anna Coulling "A Complete Guide to Volume Price Analysis". This book explains how price and volume can be manipulated by market makers to trick people into buying and selling. There is no substitute for DD and understanding what you are buying and price action. I agree the stock could drop to .0010 on catastrophic bad news but the probability of that happening is far less than LVGI increasing in share value to the .0030 to .0035 range.
Paocreation Member Level Saturday, 05/10/14 03:30:00 AM Re: Turtle_0 post# 37858 Post # of 37984 Next week we could see this stock collapse and possibly see .0010s the bid is getting weaker and weaker I say pull out IMHO.
I'm not pulling out until I "pop my cork" - on my bottle of champagne !! You see what I did there? LOL !! $LVGI$