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This is the reason why many safe investors don't do penny stocks because most are scams we all buy in hoping to get rich quick instead of buying into a legitimate company and building our equity slowly. You can post all you want I won't mind but I also think it won't matter for these stocks there's always another sucker just like we got suckered to buy into this crap hoping to hit the lottery. We would think the SEC would do something here for us two R/S in one year that should not be legal. The same reason for the first split he is using again and will proberly do it again and again and you guessed it again. This jerk running this company doesn't care about us all he cares about is himself.
Great response Alamo to some of CGAQ'S quotes. How low will this stock go to actually be worth something? How many more times do I need to average down? I'm broke with this one.
UNDT gapping this morning. Stock is set to run again today.
I would suspect from longs who have just given up. Most here are just getting tired of waiting and hitting new lows everyday. Shouldn't this stock be hitting new highs everyday. With no news I think this stock keeps going down. GL to those still here including myself.
STOP GOING DOWN YOU PIECE OF JUNK!!!!!!!!!!!!!!!!
Dilution, plain and simple. Have no pr's doesn't help us either! If we don't get great financials this stock is doomed and you better expect a r/s to come next. All IMO!
Why are we still at years low, what is wrong here? Has anyone heard from Tyler or Steve? Are they even alive? This is proberly the worse they have kepted us in the dark since I've been around about 1 year. Everyday that passes I lose that much more hope in this stock. If and when we do ever go up I am out of here, never to return.
I do wish all good luck, I am certainly not a basher or spammer, If I can get back in once the dust settles I will be back, trust me.
I know this is a good stock, once the dust settles I plan to rebuy unfortuately for most at a lower price then I sold for and obtain more shares. I'll be back I'm just not going to allow the mm's to steal my profit and do nothing. If I miss the train then that's my fault but I did make 250% so far on this one so nothing to complain about.
Yesterday at the end of the day I had to sell was afraid of opening and seeing .05 on the ask. I plan to stick around though and see what happens and try to re-enter once all the excitement ends. I had to protect what bit of profit I had left. I will be back in again at some point.
After the market closed sale/buy.
Very little about $3,300 so I can't believe they are to cover all bets and then split profits with CGAQ! Who has the money is what I would love to know, to cover bets and winnings?
The times we go down it goes so fast it's as if all buyers just went out for a smoke break, love it here!
Maybe Jonah hit the nail on the head, I never thought about it but he's right their balance sheet at the end of the 2nd quarter showed about $200,000 cash on hand. That's not alot of money to cover bets online and the casino. Maybe they weren't aloud to open because of the short cash and really are diluting to raise capitol to then open online. If they do dilute all shares we all will be longs here, because it will take quite some time to get back up to where we were once. The casino will have to show profits for a few quarters to gain investors trust back because I think with this last blow it will take some time for people to trust this stock again. JMO!
I'm ready, bring it on again!
This is definitely the hottest stock I have ever been a part of. So glad I found it at .024 sitting pretty nice right now and can't wait until pr96 comes out!
MM'S are the ones that move stocks up and down, they are the buyers and sellers. If you go to pink sheets you will be able to see how many mm's are on the buy and sell. Just type in lbsr and it will take you there.
Chade014 thanks for everything, you have always been positive with this one. I wish I could be, but I'm about to just give up and take my loss. I've lost so much and don't wish to lose it all. On thurs Aug 19, I bought even more stocks when we were going up, I bought at .054 and as soon as my buy went through we went down and kept going down. When the casino didn't go live I just new I was screwed. Keep up the good work Chade014 you're going to have some angry members here to deal with and to keep calm, I wish you the best!
I'm like so shocked at the share price we have currently. I never would have thought we would be at .029, what's next sub pennyland. If we hit sub penny's we may never return to where we ever were. How sad for this stock and lately our great management can't even respond to any of our concerns. I have become quite disappointed with this one.
Once again I do not know what you are talking about. They use to have 60 million shares now they only have 20 million so if my addition is correct that is 40 million they have sold off.
I noticed first thing this morning they were down to 50 million so they sold 30 million for sure today.
I have this:
Shares issued:
Dec. 2009-- 4,570,627,868
march 2010-- 6,627,770,453
june 2010-- 8,638,994,943
no buying pressure for this to move up today. I think at this point the next thing to drive us up will be the annoucement of the second casino, hopefully soon. Been here for almost a year now and would love to see this start moving up short or not its nice to see your account move up and not done.
Typical after lunch rush on schedule. Let's see a close at .12 today.
3 mm's sitting on .12 today.
Let's uptick for the 3rd day today. People so far buying at the ask. If you do sell don't give your shares away, sell at the ask or one higher.
Taki you need to add LBSR to your alert list. Today we hit a new 52 week high and still climbing. Big joint venture pr due out any day now as well.
NAK up .16 today. With this agreement they too over their should have a field day.
They are authorized 10 billion and so far they have diluted over 8 billion of it. They will finish diluting the remainder and then r/s maybe. They definitely are not going to do a buy back as some wishful thinker said earlier.
last couple of days odd how many blocks of 9,000,000 shares to go through. diluting? this company last couple of quarters has diluted about 2,000,000,000 per quarter.
Good morning all, just got back to my computer from this morning, what a nice day so far. LBSR all the way!
Shares issued:
Dec. 2009-- 4,570,627,868
march 2010-- 6,627,770,453
june 2010-- 8,638,994,943
Still think we are going to the moon? Every quarter they dilute about 2,000,000,000 shares, they are only authorized 10 billion so what happens when they run out? SPLIT
same here!
In a nutshell the next pr will spell out the joint venture we have with NAK and maybe go over a time frame for drilling. Something that would be great is we get overtakin by NAK, they closed today at $6.52 wouldn't that be nice?
.03 cents, I can't believe this stock with so much potential is selling today for .03 cents a share. Hope tomorrow brings some good news. I would love to see pr with second casino opening in two weeks come join the fun.
I believe you it's just I also believe in baby steps. One step at a time so we can move up the charts properly. I would love to wake up tomorrow and see $1.00 ask/buy price. GLTA HERE!
Nothing ventured, nothing gained all I can say is that this stock is on everyones radar. You go to any investing site and you will see nothing but followers and great talk, this stock has to much reason not to go up. Once the news release comes out it then say goodbye to the .10's and hello .20's I hope. All of this is in my opinion of course!
Matt I too have been burned with penny stocks but this one I bought in July 12th at .024 and look where I am today. I wish back in July I had more money sitting around but I still am happy to be a part of LBSR. Read the post here at Ihub you will see everything you need to know about LBSR. Good luck and I would buy in soon before it is too late. GLTA!
not if the NR-96 comes out, the train will be gone!