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


To: Ernest R. DeSaye Jr. who wrote (2015)6/12/1998 5:46:00 PM
From: Daniel Miller  Read Replies (1) | Respond to of 4715
 
Remember Ernest most people who own shares of LTGL are like daytraders, and people looking for a quick profit. When they purchase at .05 and see it reach .1 why not sell? They make their 100% earnings. They do not care about the big picture. They can make more money in a few days then they will by holding onto LTGL for a year. Their are many other pennies which they can put their money into. They don't have enough money to buy shares in each. They will pick up LTGL for a 100% gain sell then pick up some IGNE at .15 then sell at .25. They are looking for fast profits. Pennies do not attract the big investors. At the begining I was looking the same way the daytraders were looking at it. But now I am looking at it through an investors point of view. Maybe even hold until 99 or 2000.



To: Ernest R. DeSaye Jr. who wrote (2015)6/13/1998 5:36:00 AM
From: Mr. Jens Tingleff  Read Replies (2) | Respond to of 4715
 
Hi Ernie, I'm like you the more typical long-holder, I do though disagree on the issue of selling. The reason - When a stock moves to new levels it will also attract new types of investors - taking it the next step then again selling and new types going in - I see it as a process. The type of investor range from sub penny gamblers to blue chips institutional investors - With some 1000+ derivates inbetween.

In fact I do believe that stability in the development of pricing in stocks is dependant on the changing of investortypes during the process.

Hope I'm not too kryptic there.

Kind regards
Jens