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Anyone have an opinion as to why this stock is crashing?
It is now below both the 50day and 200day moving averages.
I am looking for the bottom so that I can buy some shares.
Report: 5 Lithium Experts for Investors to Follow
from LITHIUM INVESTING
http://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/lithium-experts-chris-berry-simon-moores-jon-hykawy/?mqsc=E3883886
Good Luck.
OK, so these weird trades are meaningless to you.
Fine, I get it. I haven't decided what they mean.
But look on the bright side. At lease I provided you another opportunity to comment about your failed expectations.
Good Luck.
It can only be done by ignoring the rules.
From my understanding the financial professionals who execute these trades are "obligated" to get their client the "best price available" in the market.
So the best price is the posted bid and the trade executed below that price. That is an obvious fail. And a rare event to see on the tape.
On second thought there might be some valid reasons. For example, it might be a sale between two market makers. But why they would put that on the tape, I don't know. Unless they want others to see it.
I am also seeing strings of tiny trades that end in odd sized blocks, like: 183, 5, and 11 shares. I am beginning to wonder if there might be a scarcity of cheap shares developing. Good for Longs.
Another block trades BELOW the bid.
Why would someone accept less money than what is offered?
Unless they're deliberately trying to make the stock look weak.
This stock is definitely being manipulated to keep it down.
That could be a good sign for longs.
I am watching my real-time stock streamer and ...
... I am occasionally seeing blocks traded at BELOW the posted Bid.
The last one was 1500 shared trade at 1.3401 when the Bid was at 1.35, posted on the tape at 11:20:13. The Bid is still 1.35
Someone is trying to screw with this stock. I wonder what their agenda is.
Agreed. The incessant mindless pumping seems to have abated momentarily.
Maybe this lawyer is a diabetic and has discovered that the GenUltimate test strip is superior to the J&J product in every respect.
I know this may be a stretch for a lawyer, but MAYBE he has had an attack of good conscience, and can no longer pursue this case.
I am sitting on the edge of my seat waiting to read the next 49 hypothetical reason why he is no longer on this case.
Good read... but read it again very carefully.
The "petroleum production brine" is a toxic byproduct of fracking. And it is a very big environmental problem. The oil frackers have to pay good money to have it hauled away and treated. My nephew hauls this stuff for a living in the Bakken Shale.
I have no doubt that MGX could get this toxic material in abundance and for free, or maybe even get paid to haul it away.
Despite what they say, I can't imagine any possible or good reason why MGX would pay valuable capitol (from the sale of shares) to buy oil and gas leases.
It seems that their actions suggest (they think) that there isn't enough brine above ground to meet they processing needs. So they have to jump into the oil and gas business to secure the supply of this toxic waste.
This is absolutely the stupidest move they could make. As far as I am concerned this stock has just transitioned into an outright scam. I am going to exit asap.
This is now an Oil & Gas company. The proof is they own O&G leases.
Just my opinion... Good Luck.
"...nobody cares about this ..."
Well, the person to whom you replied most likely cares.
There are almost seven billion people on the planet, and you're saying "nobody cares".
Are you sure about that assertion?
I think your claim is absurd on the face of it. You are unbelievable.
I thought this was a mineral resource company.
So why are they buying oil and gas leases?
They should be able to get an abundance of the lithium brine from other current oil producers, like in the Bakken Shale. Are they now going into competition with them?
I would think they would be expending a big effort to make their lithium reclaiming process portable so that they could replicate it at or near where the raw material is located. Instead, they are spending money on a specific piece of ground.
Either there is something I'm mission here, OR ELSE this is a major change in the direction of the company.
I bought in here because of the magnesium strike they announced a few months ago. And then no more word about magnesium, and instead they transition to exploiting a lithium reclamation process. And now they are transitioning on to Oil and Gas. Huh?
I didn't sign on for any of this. It looks like they are tailoring their business plan in real-time to track whatever is currently popular in the financial resource market.
At this point I am confused as to what is the real business of this company. I can read what they publish for myself but it doesn't seem to me logical with respect to what they are actually doing.
Now down 6%
I agree on "sleeper stock".
The question that I have is what caused the nice move up today?
Is it insider trading in advance of some unannounced development?
Or is it just trading related. The chart looks great:
http://stockcharts.com/h-sc/ui?s=LTBR&p=D&yr=0&mn=3&dy=0&id=p37850817469
However, this is the 5th day in a row that it has traded above the upper Bollinger Band. I don't recall ever seeing a stock continue a trend through a 6th day. Therefore, I am expecting a minor drop and a few days rest before the trend continues.
...UNLESS there is some significant event just about to be announced.
Then we're good to continue. All just my opinion.
The stock price has been on a tear today.
So apparently, someone doesn't believe that article.
LTBR has traded as high as $1.55 today. The chart indicators look great. I think we are headed to #2 short term. And the general market isn't even aware of what this company is doing.
I am hoping this is the first stage of the breakout we have been waiting for.
Good Luck to All Longs.
"Laguna Blends markets hemp derived products..."
I don't believe that is true at all.
Do you understand that there is a big difference between Cannabis and Hemp?
The first is psycho-active and medicinal, and the seconds makes good fabric or rope. And. of course, CBD is extracted from cannabis and NOT hemp.
Would you please give me an example of a "hemp derived" product they are marketing? ... or intend to market?
Highest Volume day here going back to Jan 12.
PPS up 10.79% with 17 minutes left.
Overall, a good day for LTBR.
zeynoc, Concerning a Buyout or Takeover...
For the last year, or so, I have been having a recurring nightmare-like dream of a hostile takeover, followed by a tender offer at $7 per share. And it is always the number 7. And strangely, J&J plays no part in my dream.
A week ago I mentioned this to Keith Berman and he chucked. He said it couldn't happen. But you just never know about things like this. And dreams do come true sometimes. I have learned a life-lesson to Never say "never". But it is ONLY a dream, or maybe it just might be a premonition.
I am definitely a long-term investor; NOT a trader. I have owned shares almost continually since 2004 when I retired. On three occasions I have flipped my position at a very nice profit. The smallest profit I made was 109%. The others were much higher. For me, this stock has been a continuous money-maker for over a decade.
I started building my current position with a small purchase at .23 back in May 2013. Five months later, in October, the PPS hit $1.08 on the Ask. I remember that day clearly, because I could have easily bagged a 300% profit. But instead I dad a reality check so that I would have no regrets regardless of what I decided.
I asked myself, "Is my investment premise still intact?". The answer was yes. Then I asked myself, "What is this stock worth TO ME, given what I know about its history and the prospects going forward? My answer at the time was $2.50 a share. So I didn't sell. And we all know what happen next...
To this day I remain amazed that a company as wealthy and powerful as J&J could initiate a patent infringement suit, and end up having their patent completed invalidated. This lawsuit was a TOTAL DISASTER for J&J. The outcome could not have been worse for J&J. So was this win by DECN a case of pure luck? Or was there any skill involved? Think about it.
My investment here is NOT in the health care industry per se, nor in the diabetic test strip biz. My investment is in THE MAN himself. In my opinion, Keith Berman has more than proven himself to be a success. His pragmatic attitude, extensive business savvy, and dogged persistence, will end up making a lot more money for me. It gas in the past, and so it shall be in the future.
I am totally confident and comfortable with my investment in DECN. No amount of bashing on this forum will sway my decisions. I can "smell" the money coming. It is just a matter of time and patience. So if my "takeover dream" does not come true then I will wait for an exit at around $20 a share in late 2018 or early 2019.
Good Luck to you and All Longs.
"These products are being distributed in health food stores, specialty markets, health professional offices, spas, cannabis dispensaries, and online through affiliate marketers."
I beg to differ with your assertion.
Absolutely NO cannabis products can be legally sold the way you describe in the state of Washington. As per the last law upgrade, there are no more "dispensaries" in WA. By state regulation the Med-MJ segment is being "folded under" the recreational MJ segment.
All products must now be sold through state licensed retail outlets. No exceptions. There are no online sales allowed and no products can be imported from out-of-state. But stay tuned because the laws are changing weekly (no exaggeration).
So I will assume that you are referring to the states of Colorado or Oregon, or perhaps Canada. I would not be surprised if it is different in those areas.
Good Luck.
Thank you for the clarification.
This story should be made into a movie.
Do you know if the company has any non-cannabis-related clients?
I am wondering how long the cannabis industry will remain viable and semi-legal under the Trump monarchy.
VP Mike Pence stated firmly and loudly that they would kill off the recreational use of MJ the first opportunity they have. The new attorney general has stated the same kind of attitude. But it looks like he hasn't yet received his marching orders.
With the company being so quiet about their activities and any progress, and the entire industry that they serve being in possible jeopardy of being blown away, as it is...
What are the long term prospects for this company?
Why should anyone take a chance with this stock?
I am watching several cannabis-industry stocks and I want to pick one or two. That is why I am here asking question.
Good Luck.
If your hypothetical timeline proves to be correct...
...then I think it is time to bring in Donald Trump. He is good at fixing thing. He can make DECN Great Again.
On my Scottrade Streamer the stock is flagged as Halted.
What's up with that?
More market exposure is always good...
CEO Seth Grae to Present at CleanEquity Monaco 2017
http://ir.ltbridge.com//eventdetail.cfm?eventid=180601
Becoming Clean #3: Seth Grae (in Monacolife)
http://www.monacolife.net/?p=13494
"...very suspicious of the public companies because 90% are all stock scams..."
I think I finally understand your motivation. If a stock (any stock) isn't moving up in price on increasing volume, THEN it is automatically labeled a SCAM (by you). WOW!
So, why in the world, are you even posting on a stock forum? Is Investor's Hub aware of your viewpoint? Why did you signup for an account on a site that caters to stock investment?
It would seem to be an incredible waste of your time. I suggest you focus your energy on the Bond market. Or maybe put your money into a CD, etc.
So, you believe "90% are all stock scams". Are you kidding us?
Good Luck, now go Away.
If by "real fundamentals" you mean profits, PE ratio, etc...
...penny stocks rarely if ever have any fundamentals.
And more often than not any financial information is hard to get because many don't file and are rarely audited. Occasional press releases are all you can reasonably expect.
That's why penny stocks are more effectively traded on a technical basis. IMO. There are only 5 numbers involved in real-time; Open-High-Low-Close and Volume. Add the Authorized share count and Float and you have all the data you need to trade penny stocks for profit.
Anyway, I would like to see more daily volume here before I decide to jump in.
Good Luck.
Well, Many thanks for sharing your opinion. I'm sure you've thought it through.
But I don't share it. I see opportunity for great gains in penny stocks. It all depends on how you pick them and play them.
So, although I am not yet invested here I would be comfortable in owning a few shares. So I will just keep watching for a while, to see what develops on the Federal level.
From my viewpoint this company is little different than any other armored car cash delivery business. They are just exploiting a niche created by the gaps in the federal banking laws. Short term, they have little or no competition. Also, they really have NOTHING TO DO with the recreational marijuana business. They don't transport product - they just move cash. If they are around in 2018 they will be a much bigger company, for sure. All just my opinion...
Good Luck.
In 2016 the states of Colorado and Washington had over $2 Billion...
...in sales from "this sham of an industry."
http://legalinsurrection.com/2017/02/marijuana-sales-top-1-billion-in-colorado-washington-combined/
So, how many Billion$ of sales will it take for YOU to recognize this new emerging industry?
Looks like the weakness in the stock is building...
Comcast has, once again, been voted:
"The Most Hated Company In America"
... for 2016
"These are America's most hated companies.
1. Comcast (CMCSA)
The internet service provider and subscription television service industries are not known for superior customer service. In fact, the two industries have the worst average scores in the American Customer Satisfaction Index. Still, Comcast has a significantly worse customer satisfaction score than either industry average."
http://finance.yahoo.com/news/america-most-hated-companies-110032495.html
For you technical traders who follow Candlestick Patterns...
AmericanBulls rates LTBR a BUY based on a BULLISH HARAM pattern !
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LTBR
Good Luck!
Lightbridge Chief Nuclear Fuel Development Officer to Present at VA American Nuclear Society
Mr. James Malone, Chief Nuclear Fuel Development Officer of Lightbridge Corporation will present at the VA American Nuclear Society on Thursday, January 19th.
Please follow the link to find out more information about the event:
http://local.ans.org/virginia/meetings/2017/Malone_Jan2017.html
Lightbridge All-Metal Fuel Technology
Lightbridge metallic fuel is an innovative approach to light water reactor fuels. The presentation will provide an overview of the fuel along with technical and commercial aspects that make the fuel attractive to utilities. The presentation also provides comments related to the steps required to license the fuel. The fuel has evolved from use in Russian icebreakers to a competitive alternative to today's standard fuels. The fuel utilizes enrichments greater than 5 weight percent, although from a reactivity perspective it is similar to existing fuels. The actual enrichment will be determined on a cycle specific basis as reloads are designed. Fuel performance under the prescribed Anticipated Operational Occurrences will be discussed including a specific example of the fuel's response to a LOCA. Features of the fuel that enable advanced performance include high thermal conductivity, low thermal inertia, and a surface area about 35 percent greater than cylindrical fuels. The commercial aspects of the fuel will be presented. Topics include power uprates for existing and new build reactors as well as longer operating cycles. The combination of technical and commercial information is intended to provide the attendees with a clear understanding of this innovative fuel technology.
Speaker Biography:
Jim is also a member of the board of directors of Kivalliq Energy, a junior uranium exploration company based in Vancouver, Canada. Mr. Malone also serves as an advisor to the American Academy of Arts and Sciences for matters related to nuclear power plant fuels. Jim retired as Vice President, Nuclear Fuels at Exelon Generation Company, LLC at the end of October 2009. As Vice President, Nuclear Fuels Mr. Malone provided the strategic direction and tactical guidance for Exelon's nuclear fuel cycle activities. Prior to joining Exelon Mr. Malone served as Vice President and Senior Consultant at NAC International from October 1989 until October 1999. Mr. Malone participated in fuel cycle consulting focused on fuel procurement strategies and backend fuel management for utilities in the U. S. and Asia From July 1981 until October 1989 Mr. Malone was at SWUCO, Inc. as a nuclear fuel broker in the uranium, conversion, and enrichment markets. He became Vice President in 1986. Jim joined Yankee Atomic in the fuel procurement group and became Manager of Economic Analysis in 1978. Jim began his career in nuclear power in 1968 as an engineer in the utility reactor core analysis section of the nuclear engineering department of United Nuclear Corporation (UNC). His duties included bundle and core design for Dresden and Yankee Rowe. Mr. Malone received a B.S. in chemical engineering (nuclear) at Manhattan College, Bronx, New York in 1968. In 1972 Jim completed an MBA at Iona College, New Rochelle, New York. Jim is Past Chairman, Fuel Cycle Waste Management Division of the American Nuclear Society
Stock price is up 2% today.
Penny stock prices do go up and go down. You have to buy them at the right point in the cycle. If you make a mistake and pay too much then you will see your investment decrease in value. That's way it goes. You should never put more money into any one stock than you can afford to lose. That way you can avoid becoming overly angry, upset or frustrated, etc. and be able to hang on thru the inevitable ups and downs. I would hate to see you sell out just before it makes as big move. But that's you call.
I sold out my position in Denison Mines at a profit in order to buy Lightbridge. And I am very happy with the decision. Until recently it looked like the Uranium Mining/Nuclear Energy biz was starting to recover. But now it is looking more like the recovery will be delayed and somewhat slower. Whereas THIS STOCK would seem to have a very short timeline for wonderful things to happen. It all depends upon the results of the tests in Norway. Either they are underway now or about to start. So how long does it take to test nuclear fuel rods? I don't know now but I believe I will find out.
I don't have a great deal of money working here so I have no stress from holding it. My cost basis is $1.31 and I am willing to buy more IF the shares stay depressed a while longer. My profit expectation is high and my holding period is 2+ years. It would not surprise me to see a 2000% gain by late 2018. This looks like a $20 stock to me. All just my opinion...
Good Luck whatever you choose to do.
From my viewpoint this looks like an undiscovered gem.
The more I read about the opportunity the more excited I become.
If the fuel rods perform as they claim then it would be an instant 30% gain in power output for the utility that owns the reactor, and chooses to buy this new fuel. The extra power that is generated produces many millions of dollars of extra income. So it would seem to me that the purchase of these new rods would be a "must have" sort of decision, for the power companies.
They already have a LOI with a single power utility to use the rods in a single reactor. They need to get the contract signed, and that will secure, at least, "...several million dollars...per year... per reactor...", so says Seth in the video.
Currently, the market cap of Lightbridge is less than $7 million.
I guess a lot is at stake in the tests to be conducted in Norway in the government owned experimental test reactor. If that works out then, I would assume, the results of the tests would be known in Europe and demand might build there. Here in the U.S. the, yet unnamed, power utility has to make a request to the government to use the fuel. That will be Donald's government. I believe that Trump will quickly realize that the Lightbridge Fuel Rods will make an excellent export product.
Time will tell the tale. It just seems so obvious that there is a great opportunity in this stock. So I will keep buying it as long as it is cheap.
Have you contacted ALL of the auditors?
And that's what they told you?
LOL
Sorry about that... My Bad...
Try this link:
http://stocknewsnow.com/commentary/ANEWSID14122016100004/SNNLive-Update-Lightbridge-Corp-(NASDAQ-LTBR)
The correct link was extracted from this piece off the LTBR IR web page
http://ir.ltbridge.com/releasedetail.cfm?ReleaseID=1004379
See "Update with Lightbridge Corporation - Nuclear Fuel Technology Company Discusses Recent News, Goals and Milestones for First Half of 2017"
Here is a link to a video interview held in December...
...where the CEO discusses Milestones for the first half of 2017
http://energytechinvestor.com/companycontent/ltbr-nuclear-fuel-technology-economic-benefits-cost-saving-aspects-investor-content1-5-2017/
Notably. the most important milestone is to conclude the contract with the one power utility for use of the fuel rods in a single reactor. The CEO stated they expect to earn several million dollars per reactor per year.
Perhaps the recent massive volume was due to someone in the inner loop taking a major position.
JMO
Comcast is #1 on the list of Most Hated Companies in America
Financial news site 24/7 Wall St. this week released a report identifying "12 companies hated by customers, employees, and the general public." Their findings are based on consumer satisfaction surveys and worker reviews.
http://www.pcmag.com/news/350979/comcast-is-americas-most-hated-company.
Yet the stock price just keeps going up... up... up...
As an observer of society, and politics, etc... and being a long-term investor... I just don't understand (what I see as ) a major disconnect of cost verses value in the Comcast stock.
And how come the CEO can draw a salary of $36 Million per year?
Any opinions?
New LTBR EnergyTech Investor's Report published Jan 3, 2017
http://energytechinvestor.com/companycontent/ltbr-nuclear-fuel-technology-economic-benefits-cost-saving-aspects-investor-content1-5-2017/
Comcast unable to get $100M Washington suit thrown out
http://www.fiercecable.com/cable/comcast-unable-to-get-100m-washington-suit-thrown-out?mkt_tok=eyJpIjoiWTJWak5UZ3hNR0l4TURCbCIsInQiOiJYd05NZVZyTklmUnk1WTJKVXJrcHl4dENjblF6UHBiWUpJeG16dDBmTURYdmZDcEVQWU4yYk9UQkpBOXJcLzVLdmIxb21XT0NTVGp4aU1nVDhsRGVJUzVvbDBIYkhZWmNlTzZ3T1gyZDc2akhKWW5ZMFdxbVkyd1M5Wk16dzVnUnMifQ%3D%3D&mrkid=41942242&utm_medium=nl&utm_source=internal
Case goes to trial in July 2017. If convicted fines could be as high as $3.6 BILLION.
Comcast recently instituted Data Usage fees with a threshold of 1 terabyte. Go over that limit and the you get docked $10 for each extra 50 gigabytes that is used.
Well, I'm well over the limit so I went to the local Comcast office yesterday to sign up for the Unlimited Data Plan for $50 a month.
When I entered the office there were 5 other people waiting. Four of them had there hidef cable set top boxes under their arm. I asked each of them what their situation was and they each said that they were discontinuing their Comcast subscription in its entirety.
I think I may be seeing an emerging trend here. Comcast may have just priced out of the market a certain segment of customers. Comcast has announced a 3.8% price increase across the country starting Jan 1, 2017. I wonder it that is the "trigger event".
If Comcast was thinking they would make more revenue from these price increases, I think they may have just made a strategic blunder and effectively "shot themselves in the foot".
They are a virtual monopoly where ever they do business. In 2010 and again in 2014 they won an award for bring THE MOST HATED COMPANY IN AMERICA. Looks like they are trying for the award yet again.
Comcast just hit a 52-week high today. So I am going to look into buying some PUT options.
Wish Me Luck!