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

To: jebj who wrote (4266)	3/20/1999 1:36:00 PM
From: Philip Bosco	Read Replies (2) \| Respond to of 4715

Well I do believe most investors do know what they are up against when investing in OTC BB stocks. There were only two OTC BB stocks I ever invested in my life. LTGL did go up over 300% within three weeks of my purchase so it really was not a bad purchase at the time. The other stock I bought was CAGI. I bought at first at .34 and later added to my position as the stock dropped through .28 per share. The stock was as low as .22 per share on 1/15/98. Today CAGI is over $6 per share and has already made a run to 8 3/4 per share. I do believe it will make another run soon into double digits. If you do not want to risk the capital do not mess with OTC BB stocks. If you find a good company the rewards can be tremendous. I personally would never invest in an OTC BB stock that does not have a product on the shelf or one that is just a shell with great ideas that management hopes to make things happen. Everyone has to make their own decisions and it is true if they don't want to endure the high risk then stick with the Blue Chips.