Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: pbill who wrote (2827)	8/10/1998 7:59:00 PM
From: Mr. Jens Tingleff	Respond to of 4715

You do not ramble - I think you express the feeling most of us have - There is some smoke - now lets see if it is a fire - or just coming from glowing soles of shoes <G>. Kr Jens

To: pbill who wrote (2827)	8/10/1998 9:01:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 4715

I doubt it was investing!!! MM's are positioning themselves for the daytraders. A pattern seems to be developing with LTGL. MM's position themselves right before a news release or the arrival of some daytraders. Having positioned themselves in advance, they are able to keep the price down thus frustrating the daytraders who are looking to make a quick $. This results in a further drop in price once the daytraders bail out. Kind of like a domino effect. Investors that are long on a company usually notice these games and take advantage of the situation by further enhancing their position. They sell half their holdings right before the daytraders come in, and wait until they bail in order to buy their original holding for a fraction of the sale price thus increasing their position by X%. One can also allege that the company is selling shares to the MM's. If this is the case, MM's are laughing their way to the bank. They keep on shorting the stock, knowing very well that the company will eventually sell them large number of shares for a fraction of the shorted price. Just hope the first theory is the theory that best reflects reality. AK