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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Daniel Miller who wrote (2366)7/3/1998 2:02:00 AM
From: Shadow  Read Replies (1) of 4715
 
This is not a start up company. According to their PR they have been profitable for three years and getting stronger all the time.

This company will not go bankrupt either. Spencer has got a gold mine on his hands. As long as investors keep buying his stock he will keep selling it. That's what he does for a living.

When the 100 million shares are gone and all the shares he and his family have are gone he will do a 1 for 10 or 20 reverse split. That will give him 90 million more shares to sell.

Everyone holding his stock will suffer a 95% loss with no hope of recovery. 6 to 9 months later he'll do some more rosy PR's and a new crop of investors will give him their hard earned money.
You guys (older wiser and poorer) will watch and laugh at the new crop of suckers giving Spencer their cash.

There is no doubt this stock will run again. They'll do the Wall Mart deal or put Light Bars on Clinton's Limo or maybe the space shuttle.
Whatever the PR is when it happens take your money and run, if you get greedy or hold out for the big score they will clean your clock.
There is only one big score here and its not for the shareholders.
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