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Re: doczaius post# 11433

Tuesday, 12/11/2018 3:48:41 PM

Tuesday, December 11, 2018 3:48:41 PM

Post# of 12427
It doesn't really answer your question however I would hope before they get the final approval they have a manufacturing facility in place and a working sales force. Because without those two factors the Share Price will be like other Pennie Stocks which are seemingly all mouth and trousers.
Although Lex has a product and so many Pinks don't, I think any movement prior to FDA approval will be purely a speculative move. After FDA approval, remains to be seen, although some on here have said the price could initially go up to about $7 with a possible drop after the launch.


I think everyone should hang in there and let the company and its stock stabilize, which could take a couple or three years, but during that time I foresee the share price averaging out at a constant level where it will collect equity and value..