Lexington Biosciences Inc. (LXGTF)

[gopherdat]

We have had several days like that and several others where most were traded on the ask. That's what happens when new shares are added like the 5M+ that were added from the warrants. We are oversold due to those warrants so the only way to move volume is sp drop. Manipulation is playing a big role here too IMO. I can't see single digits as most everything I see under .10 is from a LOT of dilution. We only have 38M OS so its not that.
Sure there are "weak" hands and it's best that those folks go ahead and sell so they can move on rather that sit around in a panic state of mind.
I have no doubt that this will do and become all that I anticipate.
I did my DD very thoroughly before hand and being in Healthcare Insurance for over 15 years, I know how this will evolve in the managed care insurance market, to which 98% of all healthcare insurance in the USA is.
Dilution, dilution, dilution is what makes a stock drop in value and not come back such as the sub-penny scams out there with hundreds of millions & even billions of shares out. Lexington is only 38M so liquidity is not an issue. Being a swing trader by nature makes it very hard to be long on ANYTHING but here I am. If it drops more and I still feel as confidant as now, then I will buy more even though I have met my goal already.
Finally, if you feel uncertain, have someone that has experience in the medical industry to look at this device and help you decide the demand for it once it hits the market. The Endothelix uses temperature sensors on the fingers in the detection of the Endothelial function, it would be interesting as to the accuracy opposed to ultrasound. HS was 500% improved over ultrasound.
No worries here on sp or marketability of the product.