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

To: J.F.K. who wrote (612)	3/5/1998 12:12:00 PM
From: Tim Van Leeuwen	Respond to of 4715

I'd say because the buying is slowing until the next press release. It's a classic way for the MM's to shake out shares by dumping more shares on the market(shorting) when the incoming volume slows. This is what they were hoping would have happened over the last 4 days, but it didn't work. What they are counting on, or praying for, is that investors like you and I, who start to see our profit eroding, or maybe even have slipped into a slight loss position, will sell out of fear that the price may drop lower. We've just made a deal with Radio Shack who will now be offering Liteglow products in over 6800 stores... not to mention the other contracts already in place....plus more to come in the near future. On top of that, financials due out any day. We've got earnings per share and yet we are trading in the 10ct range.....this won't last long, and I for one will be accumulating as long as it lasts.