SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (2529)7/24/1998 7:17:00 PM
From: pbill  Respond to of 4715
 
Daniel; I agree that for long termers the price is a good buy. It may continue to slide, but at some point it will rebound. The one problem I see at the present time is that the company is still small, the product does sell and will continue to sell. The worry I have is that too many orders will come in for the manufacturing side of the operation (approx 20 employees making the lights) The need for finding other niche products to stabilize income must soon be addressed. (The other light company). I noticed in Sams Club there is a neon "open" light for sale, maybe LTGL could manufacture several hundred of these kinds of things for "business use" instead of only automotive equipment. Imports of saleable products associated with LTGL type equipment must also be explored. IMHO the stock may get down to .02, then slowly rise as credible news is released, the fear of most investors at this point I think related to the audited numbers, that were promised in march (april,may,june and now july are gone, it makes people think it is a sham, even if the numbers come close to what they said, I think the stock will get back to the .08-.10 range in a rapid manner. Check out NAMX, I live in Nebraska and have confirmation of gas sales to KNE, but not much else to go on but the SI chat boards.