Liteglow (LTGL) Message Board

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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Eric G. Erpenbeck who wrote (2648)	7/29/1998 2:15:00 AM
From: lakers17	Read Replies (2) of 4715

Eric.......... Good post. If the stock dips I might day trade it which I usually don't do. Remember after a reverse split 90% of the time the stock WILL pull back at least 25%-50%. I have only seen one reverse on a stock I own not hurt the company and the stock price significantly increased after the reverse. With new acquisitions the shares will start to rise again. Only great earnings and new investor money will keep the price high. I will continue to watch the stock, buy in on a good dip and wait to see if the stock reverses. Yes, the current shareholders have suffered the present dilution but I have my other penny stocks that I've also been beat up on especially USXP. Lakers Lakers

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