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

To: Andre Daedone who wrote (1083)	3/30/1998 10:20:00 AM
From: Shadow	Respond to of 4715

Somebody who owns alot of LTGL is perfectly happy to sell it at .11 all day long. Volume is approaching 2 million and the ASK has never wavered from .11

To: Andre Daedone who wrote (1083)	3/30/1998 10:29:00 AM
From: Steve	Read Replies (1) \| Respond to of 4715

Well if there are MMs short this stock <vbg> then the current activity has already been noted. Since it is not true demand for the stock but simply a flurry of daytraders or short termers the MMs have no reason to uptick since they are sellers at these levels as well. They see good shorting profits if they can force the stock down from here. Only about $180,000 has changed hands this morning. I think it would take volume above 5 million shares to move the stock. As we approach $500,000 in dollar volume it is too tempting for the MMs not to uptick the stock. At dollar volumes above these numbers the MMs will be working against eachother to make money. This is good short term news for the longs to take money off the table. I suggest you take an amount off the table equal to your original investment and let the rest ride. This is the only way to play the BBs. Protect your principal.