Sunday, January 31, 2021 7:40:39 AM
We think that it may be a sweet spot for the company because of other high short interest/low float names being targeting by Reddit groups/Robinhood traders/You Tubers, etc. Lifeloc is also in a sector that will be hot for the foreseeable future and it's main competitor has seen a jump of over 500% recently and we feel Lifeloc could play some catchup to Cannabix.
Lifeloc is certainly not a heavily shorted stock - we are on the record saying that. However, LCTC does have one on the lowest public stock floats in all of the land. It could easily create a float lock down scenario if a trading group or even just 1 high net worth individual wanted to target it as a play.
If you are trading/investing at a brokerage firm with no trading fees then I would stagger my purchases. You could take a small starter position at the current ask of $3.00. It could be just 10 shares. Place a good till cancelled buy order down at around $2.50 and another GTC order at around $2.10 and maybe even an order in the high $1.00 range.
It would also help to share some of the info posted on this board to garner more interest. Each of us should think of ways to build some investor interest and get some momentum in this thing.
Recent LCTC News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:30:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:15:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/19/2023 10:14:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:46:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 02:57:07 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 10/23/2023 02:57:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 09:11:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2023 09:26:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 08:21:40 PM
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