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Re: caes4 post# 926

Sunday, 01/31/2021 7:40:39 AM

Sunday, January 31, 2021 7:40:39 AM

Post# of 1716
You should understand that we have been waiting years for this stock to make a move so if you don't have the patience and are going to complain about it not moving, then I wouldn't even get involved.

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.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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