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


To: BubbaFred who wrote (1566)5/13/1998 9:36:00 AM
From: Gary West  Read Replies (1) | Respond to of 4715
 
I hope you are wrong too. Can't believe Spencer would let his company deteriorate to that level,even with his passion for issuing new stock.No reverse split,LTGL, just give us some news to chew on.



To: BubbaFred who wrote (1566)5/13/1998 8:35:00 PM
From: DJ Byrne  Read Replies (1) | Respond to of 4715
 
Bubba,

I'm in a stock that is just a shell with pending news, and manipulated by the MM's and it trades at .032, I would like to see LTGL go lower so I can buy more. No one wants to pay for the China Connection. Somebody please prove me wrong.....

dj-staying as long as it takes



To: BubbaFred who wrote (1566)5/13/1998 11:14:00 PM
From: Eric G. Erpenbeck  Read Replies (1) | Respond to of 4715
 
Bubba,

There has never been anything fishy about this stock or this company. It has been well known and overly discussed on this board that they have done nothing but significantly dilute the stock and if a person was to invest they better look to the future to make a good return. I still believe and anticipate to make a nice return on my investment but I have never promoted nor do I now promote the day trade.

I think long term (I mean 12 months and more) this one still could make a return for the loyal investor. There are still many variables that make this far from a sure thing but lets put it into perspective this is a 4-5 cent stock... Most penny stocks at this level doing what they have done (dilution to the max) would have made almost any investor panic and sell the minute they heard the words dilution. Why because many penny stocks are hard to verify that they are even a legit company much more a profitable one with a product on any shelf one may care to see. Hence long term I still feel the risk is worth the potential reward. While this of course is only my opinion, if I would not have felt that way I certainly would have sold recently at 10 or 11 cents without blinking an eye and moved on to a new investment. The word "INVESTMENT" means just that an investment, not an all out gamble win or loose. In many penny's I think it may be more of a gamble then many realize at times but with alot of work one can certainly put the odds on the right side of the table.

I currently plan to hold long. I still wish LTGL would find a more informed and accurate IR person but will do my own re-search to protect myself. As I posted in the past no deals are deals and I think if LTGL can close a few good deals, put out some decent audited results confirming profits to date, continue to expand, long term you just can't count this one out yet. IF you don't have the guts or the patience don't invest in Penny stocks thats my opinion. With patience I have yet to loose on any of them.