Lexaria Bioscience Corp (LEXX)

[billymayshear]

Well Said...

I have Lexaria as a core holding rather than a trading stock for the reasons you mention.

Even when "big" news hits and the stock takes off I will most likely hold for the longer term.

LXRP is not a one trick pony as we all know and with their number of business units comes multiple opportunities for upside explosions.

Add to the number of business units they all have a moat in LXRP's IP.

How wide and how deep the moat is yet to be determined??

Additionally, I believe that LXRP is waiting for the right partnerships not just any partnerships and that LXRP will want performance guarantees in thee partnerships as well.

Also, reason for being positive for LXRP long term is their revenue model and licensing agreement format.

"You Have It"

"You Sell It"

"You Still Have It"

Next stop as to the "tell" in near term and future valuation will be mid November in Vegas.

It will be interesting to see Price and volume activity heading into the "announcement"?

May also want to watch short covering activity between now and the event??