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


To: MoneyMade who wrote (3354)10/15/1998 9:29:00 AM
From: Deeber  Respond to of 4715
 
MoneyMade: a .012 stock is at .012 FOR A REASON. Almost all .012 stocks only run up because of HYPE of some sort...in my opinion, there are NO solid companies at this price that will move up legitimately. That is only my opinion...but show me some in the past that ran from .01 and STAYED at a higher level.

Ryan
members.xoom.com



To: MoneyMade who wrote (3354)10/15/1998 3:15:00 PM
From: zonkie  Read Replies (1) | Respond to of 4715
 
>>>>>To: Deeber (3351 )
From: MoneyMade
Thursday, Oct 15 1998 8:59AM ET
Reply #3354 of 3369
I offer a challenge to anyone on this thread to find me a stock at .012 that is a better buy than LTGL. Take into consideration size of float; it can be equal to LTGL's or BETTER!! I'm all ears please respond... I would like to dump my LTGL shares, forget the Pepboy deal any possibility of having Wal*Marts as our distributor....and I buy your stock.
Disclaimer: Your stock reccommendation must outperform LTGL in 2 mo. or you are a fraud!! <<<<<<<<

LTGL at .012 gives it a market cap of approximately 1.5 million. For $15,000 you can buy about 1% of the company. TVLI also has a market cap of 1.5 million and is also in the lighting business. I don't own it and am not recommending it. I am giving it as an example that a very small company can be a fully reporting company that is making a profit and isn't diluting the hell out of their stock. I have been watching it for several months and it's chart looks almost as bad as LTGL's so it must have some problems too. They reported good earnings a few days ago and it didn't move the stock up so I guess it (like ltgl) hasn't bottomed out yet.

Has anybody else ever seen a comany use a new acquistion as an excuse for not filing financials? This is an old trick that I have seen many small companies use. To me it is just another red flag.

I would like to say again that this is not an endorsement for TVLI, it's just an example of a tiny company that I would have much more confidence in than one that keeps pulling the tricks on their shareholders that LTGL has been doing.

zonkie......