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


To: DR. MEADE who wrote (3542)10/23/1998 12:10:00 PM
From: jebj  Read Replies (2) | Respond to of 4715
 
Dr. -

First, as one who has little interest in LTGL other that trying to figure out why it went in the tolet when, by all company accounts, it is doing very well and also why any management would issue several times more stock that some of the largest companies in the world.

I see no good reason as to why management has issued these numbers of stock - with the price so low, it certainly wouldn't seem to be to raise capital.

As to your post ref. the "bad hype" by some individuals, may I say that it might be triggered by your total and, in my opinion, complete daily hype of this stock without any substantiating facts - your continuing drumbeat as to it's dramatic rise in price when, in fact, it usually just keeps going down.

Although not an old hand in any of this stock game, it appears that LTGL is the only penny - I mean real PENNY - stock that has an active market - - daily trading sometimes in volume. Most in this range just sit until something happens to move it. The why to this I have not figured out as yet.

Just my 2 cents worth.

And since it appears that most everyone involved with pennys use the boards to hype a stock, may I point out that GTMI is on the move - up 70% in two days. :)

jb