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Note to self- 'never invest with this management team again!'
Whatever the case may be, it sure feels as though LXRP is getting left behind to eat the competition's dust. Glad I lightened my position a couple months back. Not really even looking to add to my position any longer but will just hold what I have left. Losing confidence in this stock I suppose.
Honestly, I don't know what to say right now, I am baffled by how badly this stock is performing. It just looks absolutely sick and I had no idea it would get this low again so I wish I could help to clarify but I am as surprised as anyone. I am really hoping this $1.20 holds though or we are likely in for more pain to come.
Thanks destinator
Yes Destinator, it truly has become a giant "shell game" on the Canadian exchanges, just the way they like it.
Yes, destinator, I have many, many times. Countless times over the last 4 or 5 years actually. Also, on my partial fills throughout a trading day I have had several questionable things happen. Lets face it, the system is rigged against the little guy, wont be fixed for guys like us. Just look at our Canadian high ranking politicians, they are above the law and this entire banking system and economy for that matter. The big boys and institutions get to play by a different set of rules with them always being the benefactor.
I am starting to think I have made a huge mistake with investing in UEX. Reminds me of FCU, great assets but terrible, terrible management. Might have to lighten position and re allocate into other uranium juniors with a more qualified management team. Its too bad, but these guys have really dropped the ball. They seem to be basically non-existent other than collecting their salaries.
Not too many left which is great, maybe done at the end of next week? Unfortunately, that wont be enough to get this stock price moving up much.
I purchased another 20 000 today at .145. I figure I will just keep buying at every half cent interval and at some point it should pay off.
100% agree!
I agree Corky, but we will be needing a good volume surge here to break us through the low $1.50's as it looks now.
I added to my position at .145 cents CDN today. Honestly, I feel like a complete idiot for even doing so, this thing is just dead in the water it seems. I must be a glutton for punishment buying more shares.
Couldn't agree more! I don't know what the hell is going on with this stock these days.
Hey Destinator,
Lack of coffee will do it everytime!!! :)
I read this board pretty much everyday, but have not been contributing much only because it has been so damn quiet as far as the sector goes and specifically with UEX. Really has not been much to say as of late other than the same old recycled news that we are all aware of that follow the sector consistently.
UEX, well, lets face it, just a dog of a stock right up there with FCU. Doesn't matter what positive news the two companies put out and the market just dumps stock regardless always ending with a negative close such as we witnessed here today. If UEX should ever hit 30 cents then I will start to get interested, in the meantime its all status quo.
All good Destinator!! Happens to all of us, sometimes we are just looking into something a little too much, hell bent on finding something that just isn't there.
I just took this from the press release -Assay results have been received for the first five holes of the winter program, so obviously they cannot release results from the other holes. Simply waiting for the results, nothing more, nothing less.
That would be Yuuuge!
I don't know what to say Bmoney. I honestly thought we would see 52 week highs on that news regarding Altria. Here we sit with the news basically ignored by the market so I just don't know what it will take for us longs. Tough call whether to just sell and move on but I think this company deserves more time with the credibility it deserves with the Altria deal.
Aarggh, looks like Lexy is getting ready to roll over once again, hope I am wrong but not looking very strong here. Will be a buyer should it get to $1.20 again. Getting awfully tired of "topping up" though.
Couldn't agree more Condors, on all the points you made. I too cannot believe this stock didn't react with a violent upside move on that news. When I seen that press release, I honestly thought we might make a push to the $3 or possibly even $4 range. I am shocked we are trading at $1.40 right now.
Not the day I was hoping for, or expecting for that matter. Oh well, at the very least the company gained some much needed credibility this week.
Thanks for the info Cabocat on the message, appreciate it.
This resistance in the $1.60's is proving tough to get through. Hopefully we can break through today, would be a great way to head into the weekend.
I know I have my answer as far as you are concerned PH- you are quite transparent! You getting a little nervous with your short position so looking to sew some seeds of doubt? HAHA,yeah, I would be nervous if I had a short position with Lex too. I am sure Altria would waste their time, money and resources on something with no value. Your a joker! Now I just need to learn how to place you on ignore on this site.
Well I sure feel stupid for not selling today. What will it take for this stock to shoot upwards if not on news like this?!
Couldn't agree more. Soooo disappointed with how the stock is reacting though. When this news came out, I thought we were going to close above $2 today.
Now, what does this do for our stock price?
Nice to see!! Gives the company credibility to say the least.
I don't know Agent, at this point would patent news really warrant a trading halt? I just don't view that being material news for this company any longer.
C'mon already, bring on the news!!
I really hope that is not the case this time. I am looking for only one thing these days out of this company and that is some sort of deal/partnership with a major company. Otherwise, a buyout would be nice too obviously, but I cant see that.
Nothing that I see as of yet. This better be good!
Whatever it is, I just hope its something that will take us back to the $2 range. It feels like its been a long time since we have seen that.
Yes, here it is.
Lexaria Bioscience halted at 5:36 a.m. PT
2019-01-15 08:46 ET - Halt Trading
Lexaria Bioscience Corp. has been halted at 5:36 a.m. PT on Jan. 15, 2019, at the company's request, pending news.
© 2019 Canjex Publishing Ltd. All rights reserved
Lexaria halted pending news!Please let this be what we have all been waiting for...
Yes, Agent, you know we have hit the "bigtime" , when we have attracted that crowd- no question! C'mon lexy, throw us a bone and give us some freakin news already!! At least the stock is looking much healthier than a couple weeks back.
Seems about right with lex these days. Another week with no news...Feels like there is just nothing going on with this company any longer. Sorry for the mini rant, but sure is frustrating watching others skyrocket while we sit and do nothing.
I know, I cant even let myself get excited about this nice jump today because I find myself just waiting to see the selling show up as it always seems to. But your right, so far so good.
Some great points on both of those responses. Thanks for more food for thought. I also think Pharma would be a game changer hence I do believe that would be best from a stock price standpoint. But a combination of pharma with health and wellness which in my opinion could go hand in hand so to speak would be out of this world! Lets hope us longs can wake up to news like that in 2019. I would think that would lead to some spectacular gains.
Let me ask the board a question- as we know, this tech could be applied to many different uses across many sectors, so if Lex were to finally announce a major deal at some point, which sector would be the most advantageous to us shareholders? I almost think some big pharma company would be better than a cannabis deal. But what about tobacco or sprits as well?