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

To: Shadow who wrote (4355)	5/10/1999 5:10:00 PM
From: Ken W	Read Replies (1) \| Respond to of 4715

Shadow, Maybe I'm a little confused here. Why would the MM bid the stock up to .32 if he could get shares at .29? Little backward don't you think. Generally if there is a good deal of selling pressure on a stock the MM will drop the bid and ride the trend down by shorting to get the needed shares to sell to the next retail buyer. In this case I take the rise in bid as the MM looking for shares to sell at a higher price on an uptrend. Least that is the way it has always worked in the past. I know that some folks from the past are un happy with the co. from the reverse split, but now that the reverse is out of the way, sales are up and profit are up, why not treat the reverse for what it is...in the past. In at .25 and long for a while. Ken BTW great to see Jens here!!! Ken