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Re: EdibleZone post# 1379

Wednesday, 01/04/2023 7:23:50 PM

Wednesday, January 04, 2023 7:23:50 PM

Post# of 1716
Here's what we know from the recent sell-off in LCTC:
Over 10% of the float has traded over the last 2 days
LCTC is now at an all time low
Lifeloc has a current market cap of less than $3.5 Million vs BLOZF with a market cap of $46 Million (13 x)
There is no public news available to warrant this current sell off
This is the biggest volume since August 2021 when Money market decided to profile this stock
Lifeloc supposedly is close to having sales revenue of the SpinDx device
Someone has been relentlessly dumping stock since the end of last year and I'm not certain they are done just yet. Doesn't feel like it has capitulated yet.
The entire LCTC float at this price could be locked for about $420,000 - that is just utterly rediculous
Lifeloc management is the worst I have ever seen and does not give a two shits about shareholders and/or shareholder value - even at $1 I have yet to see even 1 insider purchase of their own stock. They have proven to be utterly worthless. Get rid of them all - they are of no use. Anyone can run this company better than the current team.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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