Tuesday, October 17, 2017 2:38:01 PM
I bought and sold about 10% of my shares a few times. I actually was frustrated and planning to close most or all of my position those times, but then the price dropped and I decided to buy back. So I accidentally traded my way to a bit more shares. I don't plan to do that again, but I still am frustrated and concerned about LTBR.
LTBR has not focused on the consulting side of the business the past year. They may get some small income from conferences, but this is a trivial amount of money compared to their strangely large burn rate. The nuclear energy industry is still in a crisis. Cost overruns, safety concerns, and competition are big problems. Rick Perry has proposed subsidizing nuclear which'd be a HUGE help,but the viability of his proposal will be highly politicized and may not fly we should know in late November. As an investor in Lightbridge I hope it passes, but even without it LTBR could have value internationally, particularly since Areva, A French company, is their partner.
Seth has moved the dates of delivery, the amounts and nature of revenue around many times. This is by far the most troubling aspect of this company In my opinion. This has been addressed in recent conference calls, but I don't see it improving greatly. Recent PRs have been helpful to validate projections and promises Seth made the past few years but don't shore up the key questions.
There should be another quarterly call in about 3 weeks. I'm hoping for some clarity in the call. I can't say I feel good about holding this stock, but I also don't feel good about selling. Hence being a bagholder.
Recent LTBR News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:00:27 PM
- Lightbridge Provides Business Update and Announces First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/09/2024 08:05:00 PM
- Lightbridge to Hold Business Update & First Quarter 2024 Earnings Conference Call on Friday, May 10th at 11 a.m. ET • GlobeNewswire Inc. • 05/01/2024 12:00:00 PM
- Ambassador Thomas Graham, Jr. Appointed As Chairman Emeritus of Lightbridge Corporation • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
- Lightbridge Senior Executives Assume Key Positions in Prestigious Nuclear Energy Industry Groups • GlobeNewswire Inc. • 03/21/2024 12:00:00 PM
- Lightbridge Achieves Critical Fabrication Development Milestone by Demonstrating the Extrusion Process for Uranium-Zirconium Samples • GlobeNewswire Inc. • 03/18/2024 10:00:00 AM
- Lightbridge Announces Upcoming Nuclear Events • GlobeNewswire Inc. • 03/13/2024 12:00:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/08/2024 10:00:11 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/04/2024 10:21:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:02:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 04:01:54 PM
- Lightbridge Provides Business Update and Announces Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 02/28/2024 09:05:00 PM
- Lightbridge CEO Seth Grae Issues Update Letter to Shareholders • GlobeNewswire Inc. • 02/27/2024 01:00:00 PM
- Lightbridge to Hold Business Update & Fiscal Year 2023 Earnings Conference Call on Thursday, February 29 at 10 a.m. ET • GlobeNewswire Inc. • 02/22/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:01:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 04:00:51 PM
- Lightbridge Announces Upcoming Industry Event and Media Interview • GlobeNewswire Inc. • 01/22/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 03:45:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 03:45:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 03:44:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:00:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:00:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:00:22 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM