Lexington Biosciences Inc. (LXGTF)

[Jeremiah777]

Great Volume...and a tight trading range. That is good news right now. For it indicates the buyers are taking a methodical systematic position,,,and a large position. And the sellers right now will very soon dry up. The word is getting out. When I phoned the CEO and asked about insider ownership, he indicated it is quite large at over 30%. And no insiders are selling now. None. So the sellers likely include ones who have owned for sometime, and purchased shares in the 20cent range who are happy with a 100% gain for today. But once they dry up, the share price will really explode. The reason is that in the last month over 10 million shares were purchased and the stock has climbed 25%. If I could venture an educated guess, the buyers now are holding for the outcome of the FDA. That means that the day traders, and the sellers volume will get smaller and smaller, and combined with the word getting out more and more....the stock price will jump soon enough.