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Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Jens Tingleff who wrote (4436)	6/11/1999 3:38:00 PM
From: AriKirA	Respond to of 4715

If there is a short covering, I think the number of shares would be greater than 300,000. If you look at the volume since the latest run started, you will notice we would of stopped short around the 0.45 level. Maybe the momentum attracted some traders. Another possibility is the MMs covering their shorts in expectation of news or accumulating some shares (I doubt this is the case since the spread has been so tight). As to your question, honestly nothing related to LTGL makes sense to me [gggggg] Don't know what to make of it. It seems plausible though given the latest run! Go with the flow I say. If there is a wave, ride it. But make sure you don't get greedy. Take the money and run. Sadly though, the long term investors will only break even around the 5-6$ area which I doubt we will see soon. One of my rules is to never average down a long position. Buy a trading position YES. But never average down hoping to get back your initial investment. Kind Regards AK