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Sunday, January 20, 2019 1:15:44 PM
Envision this stock as it sits just off of it's 52 week low. With a little news on the advancement of their breathalyzer - the share price begins to rise. As the price nears a 52 week high, they announce plans to uplift their stock to NASDAQ. As the share price continues to hit new highs, they announce a stock split - increasing its liquidity, and continues to drive share price up.
Now here's the good part - at all time highs, they start to announce orders coming in for their new breathalyzer. The stock continues to rise, and they announce another stock split. They then start to announce record revenue as a result of their new product.
Guess what ... I watched as this type of movement occur in companies like Taser back in 2004. A small buy and hold here could pay off nicely in the future...
Just my opinion, but if I was CEO, this would be my vision...
We currently sit just off a 52 week low made last week.
We do have some promising news about the advancement of their breathalyzer:
"The marijuana breathalyzer took a step closer to realization with the detection of delta-9-THC (the psychoactive agent) captured from a vapor sample."
"The next step is human testing of the collection and detection mechanism."
Now we just need the stock price to begin to rise. I did notice a buyer of a couple thousand shares come in last week. It doesn't take much to trade to a new 52 week high and we can start seeing this vision come to fruition!
Recent LCTC News
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:30:36 PM
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