Lightbridge Corporation (LTBR)

[powerfullogic]

I am very nervous about holding this stock but we are consistently bumping up against 1. There are a number of news events that could quickly push this to 5 but if they take too long to complete testing, or fail to close deals with the US utility and Areva the opposite could happen and this company could be forever relegated to penny stock status.

I believe it is now or never. There are a lot of new nuclear technologies coming out and an appetite to try them. Lightbridge must secure their seat at the table or the other tech will pass them by and they will become obsolete. No means a sure thing and I am concerned that they didn't make their 10/31/16 milestone regarding signing up the US Utility and now may miss the 3/31 one for signing a binding contract with Areva. Aspire Capital set these milestones. I don't expect the upcoming conferences themselves to move the stock. A PR mentioning a signed contract would do that, however it will be good to get an update. I am uncertain if I should take a loss or keep holding. I plan to hold through earnings. I don't think that's going to cause a big move either way. But if they keep stringing us along with promises of deals and testing in future quarters I'll probably give up.