retired
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Also wondering how many flights and room cancellations are now in the works.
The stock reminds me of the ship that hit the Frances Scott Key Bridge not too long ago.CEO is clueless now on what to say after misleading shareholders in Dec..Shareholders working overtime on the bridge to pay for their losses holding this turd. Finally the shitty fuel causes a malfunction in the engines and Marcelli attempts to steer it by himself. Results speak for themselves.
No more adulation conferences for the Vulcan so he can now go into hiding. If this crap is trading in the 2's when the AGM comes calling, I will make the prediction he does not show up at all. Marcelli will try to sell Asian cuisine to the shareholder base while X will get up and hold a seminar on short side investing. The only positive for the Delaware crowd will be wife beaters and ripped jeans allowed for the dress code. That is their version of a tux.
20 was a mirage and was over quickly. The only people that were allowed to sell were the Belgians and Proto as they put in their requests first. The big short started with the infamous Vanguard purchase in the 18 dollar range. We also had the Vulcan make sure to announce the share price with a smug look on his face during some garbage interview. Amazing he does not say where the share price is now when conducting a fireside chat at the mental institution.
Good God you are such a wimp.
The stock price says otherwise. We are in the abyss. OFC should have been the catalyst for buying and nothing materialized. Retail is tapped out and the algos are in control. Where the bleeding stops no one knows. Just happy to know the Belgians are on pace to rake in close to 1 billion dollars in profits from their fantasy trades . Niocorp is down over 70% and they have managed to show over 200 million in profits while staring lovingly at each other. X should think about taking up residence overseas as he would fit right in.
"the glisterning in their eyes". What in God's name is that. Sounds like a fungus.
I have no idea what will transpire between now and the AGM as far as news. It would appear from the Belgian meeting that we are a ways off from any sort of deal. Dealing with a whale might take years to either decide or not whether the two can hash out an agreement. Do we have the right people in charge for this momentous task. I am not hopeful.
Lebby has now painted himself into corner as he cannot sign with a low level player as it would flip-flop his position. Just not sure what type of agreement he is looking for. If this stock is below 4 on May 22,2024 he should catch a lot of heat from disgruntled shareholders who are spending good money to fly out into Colorado. I do not know how you can even stand looking at Marcelli. I would need a vomit bag.
LWLG has nothing to do with the tech world. Russell 2000 yes. How many times have you seen the techs rally huge and our donkey goes lower. Lebby's Belgian meeting backfired as usual and the stock has picked up volume on the downside. When the share price did not rally after OFC, then the wheels started coming off. Nothing but a PR announcing revenue or a buyout will move the price higher now. Lebby has dug the hole himself.
I was not familiar with Mark until he took over the reins at Quantum. I thought the Chinese undercutting the pricing was the cause of the downfall for Moly.
That would be up to the board and a search team to conduct interviews. Sure there are plenty of Silicon Valley people who would fit the bill and have experience. LWLG is very old.
Stock price is down roughly 72.5 % from where the merger price was installed. I think Mark was led on by the Euro debt partner. I had many occasions to converse back and forth with him and he was a hard worker for a CEO. I had issues with the SPAC merger and that was not the route they should have taken. As far as Molycorp. he made some shareholders a lot of money. Did the same in Largo. Niocorp and IBC have been washouts.
I still love the story in LWLG but have zero faith in this team from a business perspective. The fact that Marcelli is still with the company speaks volumes about Lebby's ability to choose his staff.
You must use the Belgian playbook of making money. Buy around 4, buy around 3.96, buy again in the 3.80 and finally in the 3.60 range. You do not sell shares and your long position is getting decimated. I guess that averages out to a gain of 500,000 dollars this week so far. Walter will come in with his figures that the crew is up around 400 million Euros with the share price down near 68% from the NAS opening.
It is an amazing world we live in where anyone who buys LWLG is an instant winner. The only winners I see are the BOD that cashed out in the 17 dollar range and the two idiots who took in multi-million dollar bonuses while the stock price has plummeted. LWLG would have been wonderful if it never uplisted at all. Great volatility has been replaced by manipulation. Thank you Mr. Klingon and the used car guy.
Anyone that recommended that SPAC deal should have their head examined. I told my crew to get out before the merger just based on the fact that a 1:10 reverse split was almost always a true negative. I took a gamble and dumped close to 500,000 shares. Couple that with a SPAC partner that was terrible and basically a loser fot Niocorp after the paperwork was filed. They had to resort to using an outfit in New York that specializes in crushing companies to raise capital. That was an easy sell but remorseful. I do not own any stock at present.
I was back in the days of Quantum and Peter Dickie was the CEO. I found the stock searching on the net and invested.That seems like forever ago.
Mark and Peter are very nice guys and I was treated well by them. Have no complaints and brought a lot of shareholders into Quantum and later Niocorp. It unraveled when the company was on fumes and their primary lender decided to play games with them. It led to one of the worst deals on record with a SPAC company run by lizards. The money intended was withdrawn and retail shareholders were obliterated. My saving grace was selling all our shares before the merger went through. Still a lot of money and effort tied up into Niocorp with not much of a bankable return.
Hoping this bowser does not travel the same path but management stinks. Hopefully Mr.Goetz's dream goo can get the company a buyout in the next 36 months.
May 2023- Puts out a PR on the day of the AGM with a no - name other party for a small amount to keep the wolves off his back. That will always be suspect and too convenient.
Dec4,2023- A fireside chat that announces deals in the making and possibly within 3 weeks. Zero since then.
A pattern has emerged with Lebby and it is not good. His time as CEO has come and gone. We need a younger more dynamic man or woman to take over this role and for once tell the truth. Since I have been involved with this company, the heads have never been straight with the shareholder base. The stock was a shambles until Lebby came in. He was a godsend until the same patterns began to emerge. Marcelli is in his corner as his handler.
Hoping Blackrock and the other vultures have what they want and start to make changes. The BOD and management team could use a scrubbing.
100% until June 2020. Then I realized he was being played.
My undoing was believing in the tutes that took large positions at much higher levels. I would have assumed that they had spoken at length with the Klingon and were satisfied with his reports. Guess that did not work out. Impossible to trust anyone in the markets. The Niocorp CEO that broke my trust was the one that hurts the most. He really had us fooled. This alien running LWLG seems nice but has no business running a public company.
61 cents away from the 2's and Lebby seven years into the job. We might be better off with Stuttering Jim back in the CEO role. He could not do any worse. Then we could read from his admirers what a visionary he has been thru all the turmoil.
Walter, no more meet and greets in Belgium for Mark and the Vulcan. The stock price suffers after the do nothing presentations. Thank you.
He does not care. Almost all CEO's hate their shareholder bases.
What a nauseating person you are.
AGM in 4 weeks. Conference room packed with excitement as X and others worship at Lebby's feet. Marcelli trying to sell Asian BBQ 25% off as the lab is hit for code violations. Stock price hits 2.55 and X decides to take the stage and explain how shorts work. Price drops to 2.25 and beer bottles start flying at management and X. Meeting shuts down and the price is now 1.75. I hope they have a replay on the website that day.
Not sure where the support comes in but volume is picking up to the downside.Under 3 is a very good possibility in the near future. To some here, it is a positive to get in cheaper. To the other 99% of sane shareholders, this is becoming alarming and Lebby=Marcelli. Never thought we would be under 4 again but now I am worried 2 will be in the picture unless Steve Jobs pulls another stunt like last year.
One thing to mention as well is these guys are up there in years. A buyout would certainly fit the bill and retirement would be in their best interests.
I do not think the AGM crowd is going to buy his song and dance this May. Need something concrete to lay out and if not, the stock could easily drop 50% over the summer. Most here are tapped out and suffering major losses. If you have major bucks, you can income average or buy on margin.
The wink, smile to X and his misfits and the idiotic hand gestures won't cut it anymore. Get rid of the Steve Jobs ensemble and start getting revenue.
Who knows what we will get. He has been at the helm for 7 years and still we wait. He has done a ton on the science end and should be commended. On the business side, he takes no interest in improving shareholder value and the only money coming in is the idiot COO using LPC to knock the price down to raise funds. Dilutes the stock as well as giving MM's a heads up on where the price is going short term.
Belgians celebrate a hero weekend. CEO's of Niocorp and Lightwave receive the royal treatment for these accomplishments:
Since joining the esteemed NAS LWLG -65% Nio -72.6% . In the meantime, they have realized close to 300 million in profits using gimmicky accounting. Good things!!!
Packing to the CTO role is where he should be. No harm in that and he will get the credit if a deal is done. This manipulation has to stop. Giving the company a bad reputation.
idiot
Stock is down 64.9 % since joining the NAS. That is a disgrace to shareholders. Lebby should be sent packing ASAP as the stock is tanking almost on a daily basis. Wish it was not true but numbers do not lie. He has let the stock price be manipulated and one nothing about it. No excuses now, he should be sent elsewhere in the company.
I must admit the credibility of this company is long gone. The science is amazing but the business side needs some new blood.
Shitcan the COO and send Lebby full time to the lab. There has to be someone out there that can start making deals. Lebby is a nice guy in a job not suited for him.
I believe this is his first rodeo as CEO of a public company and he has JM as his second in command. What could possibly go wrong.
If this was a regular company, you would be selling hand over fist at the moment. LWLG is not a regular company though and a PR of great news should drive it up. After next month though, the long summer might crucify retail holders. Pitchforks are going to be out with shareholders at the AGM though. Flying in from all over and spending a lot of money to hear nothing concrete from management should spark some nice dialogue and some rotten eggs flung on the stage.
This is brutal.
no one cares
You price at the close of trading will be converted into US dollars before the next day opening. That is solely my opinion. Best you call your brokerage house to verify.
I would guess his shares would convert to the OTC on a currency calculation.
Conference after conference by management plus meet and greet with the Euros. End result so far is the stock price is down 26% since the first of the year. That is called reality.
That is great news.
And the stock price is near 52 week lows. Stop worshiping these CEO's like they are rock stars.
Did Lockheed discontinue their contract with IBC? I thought the company was teeming with business.
Wait till the AGM . That is what counts as he has to deal with angry shareholders. The way this stock is acting it could be fun if we are below 3 and he has to stand up there with stuttering Jim and make excuses. Seven years on his watch and zippo to show from a revenue perspective. Last year does not count as that was a made up deal. Cannot see going thru this same ****show next year. Even the pro-Lebby crowd will turn on him if we see no deals.
You truly are clueless.
AO- do you think management is the main culprit for the share price dropping to a price of 23.5 cents pre-split or is it shareholders who supported the company for close to a decade and got rewarded by getting a SPAC deal shoved dow their throat costing them untold paper losses. I brought in a ****load of investors for management and they know it. In the end, it did not work out but it is the way they went about it that is just awful. Tell me where is all the institutional money flowing in as the price keeps dropping. You think any of them read this second rate message board before investing.
Management gets paid nice salaries to get the job done. When it came down to crunch time, they settled on a garbage deal that backfired on everyone. No one lost their job and they even got raises in the process. You on the other hand got slaughtered but are too blind to see it. This is a public message board and everyone has the right to their opinion.