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Microcap & Penny Stocks : Liteglow (LTGL)

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To: Shadow who wrote (2949)8/25/1998 7:04:00 PM
From: Puppy Dawg  Read Replies (1) of 4715
 
Strange things are happening.
There was one 300,000 share trade at .027.
The bid was .02 and the ask was .022 and this
big block went thru at .027.
I though it was a mistake on my quote server (Market Trak)
but I looked on Real Time Quotes and it was there too.
I have no clue what it was all about.


I got back to my office around 4:00 pm EST, and checked My Yahoo page which is delayed. Don't have all those fancy real time gadgets. But anyway, I was happy as hell to see a 28% gain today. Get home and close is at 0% gain again. This 300,000 block must have been right around the close. How the hell can this happen so fast. Even if someone makes a mistake and issues an order for .027, doesn't that raise the current bid price on the next sell, unless of course there were alot of sells right after the .027. Not sure if my lingo is right. I only know enough about stocks to get me in trouble.

Pup
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