Lightbridge Corporation (LTBR)

[Going_4_It]

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.