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


To: WuChier who wrote (1933)6/10/1998 1:22:00 PM
From: M, Anderson  Read Replies (1) | Respond to of 4715
 
The company is not selling stock, The answer is simple, the news was already out. That's why it hit .077 yesterday. If no-one knew of the news before it was released, it would have gone much higher. Some people are selling, because they think it's going to drop back to .06. Hey, even Dell and microsoft go down in price if they don't beat the estimates by a nickle or so. I personally, am more long term, the earnings will increase because of this new outlet, the stock will follow. I also am happy with the MM's today, with all the sells, it could have dropped alot further.
it looks like the tipical (buy rumor, sell on news). Nothing to worry about.

MN.