Tim, you left a possibility out of your list.
Dilution, to me, seems the most obvious reason that the stock price won't move. There is just too much supply. It has been like this for the 4 months I have been in and out of it. News comes. Everone gets excited. Momentum starts pushing up price. Then it falls right back to where it was before. But BUYING continues. Too much supply is caused by either rapid turnaround, IE for every buyer there is a seller, or by the company handing shares to MMs every time they run low. Someone needs to keep a constant watch on the public float, by continually calling IR and getting latest float count.
Now for keeping share out of the hands of the MMs for illegal shorting, call your broker and simply have them place them "safe."
Often the very shares that you own are being borrowed without you knowing it. One call to your broker can fix it, without the need to have certs mailed to you.
Now that NETZ has all but closed up shop, this is my number one long position stock. While you can, buy a bunch of it for someone else. Your neice or nephew. Pay back that guy you still owe money to with pennies on the dollar by signing over him 1000 shares of LTGL [if that is how you do it]. This opportunity will not last forever. Sooner than we think, we may be looking at .25 to 1.00/share [provided we get by this big supply problem].
JMO
Rande Is |
