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


To: Jason Riche who wrote (4142)3/4/1999 7:25:00 PM
From: P.E. Allen  Read Replies (2) | Respond to of 4715
 
It is a no brainer, just put two and two together and you get four.

A 100 - 1 reverse stock split and what do you have for shares outstanding.

How large is the float? a million two million ?

based on the reverse split, the 52 week high is over $7.00 dollars per share. Not to many people have bought a significant amount of shares at the reverse split level, so shares are in strong hands and are short.

Anyone wanting to own shares of any quantity will have to pay and the price will rise accordingly.

No real selling should occur until the price breaks two $2.00 dollars.

But I am looking for a five $5.00 bill for my shares. This has been dead money to long.