I am on board with all of your thoughts. I would single handedly lock up the entire float in this stock at these levels if I had the capital. The risk to reward is amazing. $3.50/share should be the absolute bottom. Upside is in the hundreds.
I believe Lifeloc is further along with the SpinDX and marijuana breathalyzer than most people think. If you recall the SpinDX technology is currently being used in various applications so we know that it works.
In addition, we have never been diluted as shareholders and I expect this to continue.
The major issue is it's only me and you that have any interest in this thing. Until we get exposure or insider buying, we are stuck at these levels. If we can get the $6.00 price level breached on good volume and hold above it, we should see some movement higher.
It would be great to see some interest come into Lifeloc in addition to just us. What is also discouraging is that we have yet to see any insider buying at these current levels. If I worked at Lifeloc, I would be all over these prices.
I also expect this quarterly earnings report to be the best they have had in while. If the current CEO is unable to get some growth by now, maybe it's time for him to depart. He seems completely uninterested in stockholder interest. I don't mind that as long as he performs. So far, I have not been impressed by his performance.
Maybe we get some good news soon and see this $6.00 level break to the upside and get things moving.
