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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Popiye who wrote (1413)4/18/1998 6:44:00 PM
From: BubbaFred  Read Replies (1) of 4715
 
Thanks for the info. I may take a stab at this one, and play the bounce for a week, win or lose. It just doesn't look or smell right for intermediate or long term play.

Two possibilities for company selling stocks at this low levels, instead of going to the banks for a loan - 1) Product actually is not selling that well and bank will not extend credit; and 2) Latest earning report includes items sent out, not actually sold,

Anyone checked it out with Computer City or other retailers and see how well it is selling?

Selling company stock at this low level means the company is a "Duh?!", or I will be it!
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