Friday, February 16, 2018 9:22:48 AM
To randomly put out "updates" will only cause short term price spikes - which then will attract real short positions. I believe management knows what they are doing, and when the product is solid, the share price will be too.
As far as the current short position, you can see this play out if you have been watching daily trades. He's currently been trying to cover around six dollars - flashing a bid of about 1200 shares... but does not leave bid up for long... in hopes someone will want out, and jump on his buy to cover. He doesn't leave bid up for long, in fear it will attract other buyers that notice there is a buyer coming in. This is professional selling, and just my opinion.
I was fortunate enough to pick up some more shares at the end of December in the fives, and will not let them go...!
The summit on March 15 will attract people to this stock. Hopefully Lifeloc has a few positive things to say by then (Their Yearly report is usually sometime in March).
You know as well as I do, that when the news does come, with such a small float - anyone trying to buy will almost find it impossible to get their limit orders filled. It will be chased up very high in my opinion.
Recent LCTC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 09:11:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 08:21:40 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM