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The suspension was lift on 03/08/2012. Back to trading now! 0.0001 x
0.0003.
LFTC SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-66445.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-66447.pdf
Who were selling the endless shares at 0.0002? Why did not they dump all the shares at 0.0001 once? Will the stock crash to no bid again?
184,770 shares dumped at the all time low 0.0001 so far...
It is up 100% now. But the MM has been hiding its real sales size by
only showing the joke 5,000 shares at the ask! How many shares it is
going to sell at 0.0002? Will LFTC explode to 0.0017 again as it did
in 2010?
Totally about 65M shares dumped at 0.0002 since it first dropped to
0.0002 from 0.0006 (08/2010) so far! .0001 x .0002 now. Easy get 2s!
Key technical updating: The 52-week price range is 0.0001 ~ 0.0005.
The 20/50/200-Day MALs are all at .0004. The all time high was .0017
428,334 shares dumped at the new 52-week low or all time low 0.0001 so far!
0.0001 x 0.0002 now. The 52-week low 0.0002 seems broken down soon!
554,000 shares dumped at the 52-week low 0.0002 so far...
15,000 shares dumped at 0.0002 so far...
Will the stock hit the all time low 0.0001 before the end of year?
30,000 shares dumped at 0.0002 so far! Soon 0.0002 will be broken...
131,500 shares dumped at the 52-week low or bottom 0.0002 so far! My
guess the all time low .0001 will soon be tested due to huge seller!
Near 150K shares dumped at 0.0002 so far! The support 0.0002 will be
broken down very soon...
Manipulation again: 40,000 shares dumped at 0.0002 followed by 1,000
shares at 0.0004!
Someone manipulated the price up by 50,000 shares painting at .0003!
I'm wondering who did?
Not me!
Near 3.12M shares dumped at 0.0002 suddenly! I'm wondering who did?
This stock tanked in the 0.0002 ~ 0.0004 box almost a year! Revoke?
No, I did not notice. I am no longer following LFTC that closely.
Did you see someone consistently close LFTC at 0.0004 almost a year?
Another 500,000 shares bought at 0.0003 so far! 0.0002 x 0.0004 now.
920,100 shares bought at the ask 0.0003 so far! Who are those very
stupid sellers which has dumped tens of millions of shares at 0.0002
since LFTC first pulling back to 0.0002? Anyway 0.0002 x 0.0003 now.
Near 600K shares dumped at 0.0002 today! 0.0002 x 0.0003 now. Would
the stock drop to the all time low 0.0001 again? I do not think so!
Thanks! The same wish to you, my friend! Hope LFTC soar as OPTZ did.
All the best to you.
LFTC is up 100% so far! So I might be able to sell at .0004 today...
Like I said, I would sell even at a loss, if I get something out of what I consider a bad situation. I'd take my tax deduction at the end of the year.
This is not an investment advice.
Well, if I could sell all at 0.0004 ~ 0.0005 it is a small profit...
Sorry about your situation. There are other stocks out there that can still make you money.
If I say "yes" that is because I own xx millions of shares and I am
afraid someday the stock get revoked without any omen as ETOP did...
You sound very worried about LFTC getting revoked. If you really believe that can happen, why don't you just sell your shares right now, and get what you can, while you can? If the stock gets revoked, you get zip.
JMHO ...
You might be right for the company and stock promoters. But LFTC may
tank in the current box until it is revoked by the SEC if no action!
People buy stocks for different reasons. Usually those who push the stock price up, as you suggest, are either stock promoters or the company seeking to dump their shares. These pumps always leave bagholders. I prefer to let market forces dictate the value of a stock. Obviously, they don't think LFTC is worth that much right now. I am content to wait and see.
I am curious why the huge buyers (who had bought near 100M shares at 0.0002 ~ 0.0003 since last year) didn't push the stock up to 0.0005?
20,000 shares dumped at 0.0002 then someone manipulated the price up
with only 2,000 shares to close at 0.0004! The FINRA/SEC really need to investigate the trading activities on LFTC. This type of obvious
manipulation has lasted over a year since the stock first hit .0002!
I saw that. Thanks anyway! I'm aware I might lose 100% here if it is
revoked by the SEC! But I might make some profit here once the rally
starts in someday as you said!
LFTC(2011/07/20)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
11:15:15 270000 0.0002 - OTCEQ_NBB
10:26:06 853000 0.0003 - OTCEQ_NBB
10:21:54 1000 0.0004 + OTCEQ_NBB
10:21:33 419563 0.0002 OTCEQ_NBB
Not at all, my friend! I'm buying the shares at the bid 0.0002 and I
am willing to take 100% potential loss for my investments in LFTC! I
just suggest the 5M+ cheap shares buyers to buy 5M+ shares at 0.0003
or 0.0004 to be fair to the other unlucky buyers who never got those
cheap shares at 0.0002 which includes me?
Yeah. But the company needs to take the action ASAP! Otherwise longs
get burnt without any notice in advance! I lost all with similar one
Is that why you are trying to talk me into buying more shares?
Did you notice LFTC is still in the very dangerous "Revoked" status from NV state?
So many of them are, and they are still trading. They can always reinstate with their state of incorporation. Until the SEC revokes registration, it's not over.
I'm selling the shares to avoid the common shares cancellation later
Someones dumped block shares at the bid 0.0002 again! Did you notice
LFTC is still in the very dangerous "Revoked" status from NV state?
I thought I posted yesterday that I have not bought LFTC in a long time. Only watch when you post to me. Holding my shares for that "Someday ...".
So you bought those 5M+ shares at 0.0002? Why do not you buy over 5M shares at .0004 to be fair to the others (like me, never got .0002)?
You're not an MM (I hope). If you are serious about selling, you are supposed to sell the bid, or somewhere in between.
Serious buyers are supposed to be hitting the ask. That is why this stock is not going anywhere pricewise.
Yes. But nobody can sell the shares at 0.0004 anymore excerpt those
MMs!
L2 still looking good. $0.0002 x 10,164,909 vs $0.0004 x 1,035,984.
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Outstanding Shares: 265M Shares.
Authorized Shares: 750M Shares.
52-Week Trading Range: 0.0001 ~ 0.0005.
Company Status: The company filed the CH11 bankruptcy in 11/29/2006 and now a shell stock.
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