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

To: Daniel Miller who wrote (3885)	1/3/1999 12:15:00 PM
From: jebj	Read Replies (1) \| Respond to of 4715

>Hypothetical question... If Liteglow did hit .08 after incredible news on CNBC tomorrow would you sell immediatly, or hold? - Daniel Interesting question - Now another - considering the tens of thousands of other opportunities to invest your funds in, if XYZ had repeatedly not become a reporting company after assurances that they would; if they had repeatedly reported very good increases in Qt. sales in the past; if they had repeatedly put out info on all the "new" contracts they had signed - - if, after all that, they then report rather disappointing sales figures the last time around, would you buy the stock? I have stayed around this board because of the fact of this stock still trading with a price so low - I am interested in finding out why. (My opinion at present is that all the activity is strickly people playing "lotto" with this stock - investing on "hope" alone and willing to gamble their money.) But the more I see, the more things just don't add up. IMHO, there are only two reasons why this company has not put out their audited numbers - 1) they are afraid that if they show them, the company will really go in the tank. 2) they can't get anyone to certify the numbers they want to put out. A major test will be in seeing how long the new CFO remains with the company. IMO, he may not be around too long - if this happens it is bar the door time - assuming, of course, there is a door to bar! jb