Lifeline Biotechnologies Inc (LLBO)

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Well, this is a Nasdaq stock with only 41M shares and already 35M+ in revenues each year. Not sure LLBO can be compared to it. But it would be nice to see the LLBO price over $0.01 after approval. Everything will depends on how low they drive it back during the waiting time. Still 4 months until October.

The issue here is that we don't arrive to keep a reasonable price after each spike. The news about the premiere of detected has already been factored in due to too early news from CISCO last week. I don't see it going higher if they don't post the Detected video online. Keeping the film secret again will only produce another debacle in the price. This time people knows how the price went down after the Boston premiere, and they will be certainly more cautious. I thought we would already be over $0.005 by this time.

The final price of LLBO after the approval depends on the starting point in which we are just before that approval. It's not the same to be in the $0.001-$0.002 range, than above $0.005. With a little luck starting in September, we can begin to build a regular demand for stocks that will hold the price above that value.