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


To: Puppy Dawg who wrote (3074)9/5/1998 10:35:00 PM
From: Daniel Miller  Read Replies (1) | Respond to of 4715
 
No. Of course not. This stock has great potential. But if however they do announce a reverse split I would get out fast. IMO. I am still holding shares however.



To: Puppy Dawg who wrote (3074)9/5/1998 10:47:00 PM
From: Shadow  Read Replies (3) | Respond to of 4715
 
Pup,
It will never be too get back in. I got out at .049, suffering
a 35% loss. If I was still in I'd be looking at an 85% loss.
The same amount of cash will buy alot more LTGL than it would
when I sold out. If Spenser ever made a believer out of me
(not very likely)I can always jump back in.
If I have to pay a penny or so more cause the stock is running, its no big deal if LTGL is for real.
IMO this stock will be a sub penny by the end of the year. When stocks
get this far down a 1/2cent price drop is a 35% loss. It can't fall much further cause there's no where left to go.

Dan,
The guy you spoke with was playing word games. He said the float was
92 million. Did he mention the restricted shares (that's bonuses Spenser pays himself and his pals). I believe there's 40 million of those.