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ironguts

09/08/09 11:12 AM

#12406 RE: irondog #12405

you can only dangle a carrot so long....time for something concrete!

superstartup

09/08/09 11:14 AM

#12407 RE: irondog #12405

Good morning to all. There are still 100 shares being traded. Can't apprehend it.

KnightlyCruiser

09/08/09 11:17 AM

#12408 RE: irondog #12405

dog, I agree with you there. On the other hand we are up 100% since we turned it up from six and I would surmise that we are building a healty base as there is obviously a lot of consolidating and accumulation taking place. Another thought is that historically here the SP takes a big hit prior to any runup. Not saying that is the case only mention it as a posibility. Has anybody gotten in touch with DS? With LTG getting booted for two weks we have lost our main company contact person. Whatever the day to day of this one isn't what I am concerned with I would prefer it go up but in the bigger picture these pinkies are news driven and the next news will see us double up again and consolidate just as we are doing at the moment. We have the goods and payday is right around the corner.

Dazzler

09/08/09 11:23 AM

#12409 RE: irondog #12405

Maintain composure here - selloffs with volume shakeout weak holders. The upward momentum is still in-place. Notice someone keeps buying the stock being sold. If I didnot already hold a large position I would look for these type of selloffs to add.

Remember there are many sales proposals out there and there is an expectation for an order in near term. LNGT needs to be patient an work with clients - clients dictate the purchase date not the seller - so don't expect a definitive order date to the day.

Also the ITT/Military project is ready to move into next development phase and contract. Just look at all the posts specifically by SUPERSTARTUP.

And now TASR drops lawsuit! TASR's quarterly earnings have been dropping for 6 months. In my opinion their earning momentum is heading down. Last quarter they reported their second quarterly earnings loss. In the first quarter they made $5M from reducing inventory and collecting on Accounts Receivable. So imagine how big their losses would have been when their best quarter ever was $5M in earnings. TASR is spending more money on lawsuits, they have customers cancelling orders and limiting use of their product (therefore less need for dart sales). TASR will need to reduce staff next - they spend $40M/year on SG&A and $16M in last 12 months on R&D. At this rate they will run out of cash in less than 2 years. Police forces and security forces around the world are open to a new non-lethal option and LNGT has huge opportunity now.