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


To: alan von weiler who wrote (492)3/3/1998 11:06:00 AM
From: Rande Is  Read Replies (1) | Respond to of 4715
 
booking sheets with targets of $30,000 CDN to $40,000

Could you put that in lay terms for us and elaborate on your information. Also, I'd appreciate a USD conversion. If we extrapolate your find, what would LTGL revenue be for Radio Shack
orders based on your estimate? This is important info for
all to recognize LTGL potential.

Thanks,

Rande Is



To: alan von weiler who wrote (492)3/3/1998 12:08:00 PM
From: Linda Kaplan  Respond to of 4715
 
Wow. Thanks.

Linda



To: alan von weiler who wrote (492)3/3/1998 12:36:00 PM
From: Riley G  Read Replies (3) | Respond to of 4715
 
Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.
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The present special situation may have to do with the above comments and has nothing to do with Type 1 or Type 2 (cash/margin) accounts. We are not talking about legal shorting we are talking about blatant selling on nonexistent shares to flood the market. Thus keeping the price of a stock down and to terminal short it at the same time. If a terminal short is made (stock value = $0) then the shorts or market makers never have to worry about coving their shorts or extra shares that they flooded the market with. This is why every shareholder must demand delivery of their certificates!

Riley G