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.085 bid is pretty sad
news wasn't even worth a 2% gain!!!
yes I agree with that but we should be moving considerably up before that happens. This stock was trading between .15-.20 when we were talking about tea and bar sales. We already have one licensing agreement and according to press releases there are more being negotiated. I was thinking at this point we would be at new highs and making a push from there not near the lows looking to get back to 15
not close to record volume.
Amazing though put in a bid and market maker jumps you by .0001
amazing someone would hit bid on a $42 trade.
This should be having a better volume day
10 cent bid and someone hit it instantly
there should be much more volume IMO. We should be seeing 100K wacks not getting happy over 10k wacks.
news doesn't show up on my quote screen. Some may not be aware of it.
I can't believe these shares are still there at .10. Today should be a million+ volume day.
I believe he has bought over $1.5 million of stock in the open market during past 2 years.
even when we have news we get no action
would be nice if other investors jumped in. We need more than just the ceo buying. Just think if a few investors wanted a 1m share position.
a lot of people here are too worried about price action day to day. If they execute on numerous licensing deals and get patents this becomes a takeover target.
look how many shares are outstanding of some of these other companies in the sector. Lets say they complete this and another money raise we would be right around 60 million shares. Now think about how many are owned by insiders.
if it was dropping on high volume everyday I would understand people getting worried but someone selling a few K shares at the bid is just noise. just look back when this had a little buy interest these shares available under 10 cents are going to be looked back as a gift.
I'm happy it wasn't insider buying last week. Someone else sees the value. shares offered at 9 currently.
can't believe the .085 shares aren't being bought up
if i had the money I would put a order in for a million shares at 7 cents and see if whoever is panicking dumps them to me
also frustrating to not see someone come in and buy all these .081 shares up. .068 bid is just awful.
someone is giving up
ok good talk and thank you to whoever sold me shares today at .0901
STOCK OFFERED UNDER 10 CENTS WHERE IS EVERYONE.
Would love to know who does these 1k share trades. Whats the point
what if they are doing these smaller financings because they don't need a lot of money?
Whats funny is a year ago when the stock was trading .15-.25 with higher volume financings was the least of anyone's concerns. I think some need to look at the penny stock world and if they hired the right IR firm and they have some more licensing deals to announce this stock could rally 10x from here. Look at CBDS GBLX TRTC VAPE AMMJ BLPG SRNA GRNH Most of those companies haven't accomplished nearly what Lexaria has and are in a much worse financial situation. But those stocks have more eyeballs that watch the stock and trade it based better IR firms getting the story out to the masses.
The CEO of lexaria bought over $1.5 million worth of his companies stock in the open market over the past 2 years. I think he understands what needs to be done and in due time the talk will be how in the world did this stock stay under 15 cents for so many months.
No it was .11 USA read below
The financing was for 700,000 equity units priced at US$0.11; each equity unit consisting of one common share of the Company and one-half of a non-transferable share purchase warrant, each whole warrant entitling the holder to purchase one additional common share of the Company for a period of three years from the date of issuance, at a purchase price of US$0.14; in order to raise gross proceeds of up to CDN $100,000 (US$77,000) (the "Private Placement").
Does everyone realize they raised money at 11 cents US? Private placement was announced and funded by 1 person CDN $100K
Someone believes enough to buy restricted shares at .11 but stock struggles to trade around 10.
problem is you most likely won't get filled on any meaningful position if it dipped further. getting a few thousand shares under 9 cents in the long run isn't going to make a difference.
Best part is after a few more licensing deals are announced and stock is at new highs everyone will say they were loading up under .10 and nobody sold. I'm not in thos to trade it for 2 cents. If I'm right this stock will be taken over years from now for $5+
Lol. Love how people have to start rumors. They sold out. Product will be back up for sale after next batch is delivered.
I believe they are on back order cause they sold out
where are those 500K bids at these levels
amazing volume so far!
not sure why that would matter. 6 months ago it was announce a LOI it would run or announce a definitive agreement and it will run. They said the terms of the deal and they are working on more.
I watch all these other Marijuana stocks do nothing for so many months then jump 200%+ Lexaria will have a big run one day. Still think its over .50 by year end
funny if you go back and read messages. Waiting on licensing deals not only do they announce one they state they are in talks with others, they sign a definitive agreement and the stock is still down 50% since split!
hopefully a bigger volume day than friday after everyone had time to see the news
definitive agreement was announced. go to OTC markets website .
its a joke the bid is only .095.
they aren't raising that much money though so shares outstanding is still going to be very low and if they announce more of these deals they might not even need to raise $ or if they do maybe it will be at a higher price per share
he doesn't have that many shares left. This really should be over .15 on this. They signed the LOI and actually got the deal done. They said months ago they are in talks with other companies on these deals. I gotta think since this was the first one it took longer these other deals should be announced soon IMO. People also forget these licensing deals are 95%+ PROFIT.
wheres all the volume???