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Re: 420mon post# 6922

Friday, 03/24/2017 12:46:24 PM

Friday, March 24, 2017 12:46:24 PM

Post# of 48252
Good morning, 420mon. Of course. Morningstar rates stocks between one and five stars. They take many factors into consideration. Essentially three stars means that in their view the stock price is essentially where it belongs. Four and five stars means they think the stock is currently undervalued and the price per share should be higher. Fewer than three stars means they consider the current pps too high. They update their ratings daily. LCLP had been bouncing between one and thee stars. When we were delinquent in our SEC filings for several weeks recently, they had lowered us to one or two stars. But since we went current again they raised us at first to three stars, and for about the last week to four stars. I don't recall us being that high before. Certainly not recently.

Our Morningstar ratings appear here at OTC Markets.com.

And here is an explanation of how the Morningstar rating system works.

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