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Re: pdicamillo1 post# 1677

Thursday, 03/28/2024 11:33:45 AM

Thursday, March 28, 2024 11:33:45 AM

Post# of 1702
Thin is an understatement. The majority of the outstanding shares are held by insiders - and they have been slowly starting to buy more on the open market. It's traded about 300 shares in the past two weeks, and has a Market Cap around 8 Million. There is definitely not many shares available to freely trade.

If you compare that to Cannabix, which Market Cap is over 3x that of LCTC, or Hound Labs, which is privately held, and probably valued somewhere around 150 Million, or almost 20x LCTC Market Cap, you can see how grossly undervalued Lifeloc currently trades. This could easily trade at $30, and still be reasonable priced in my opinion. And, if momentum players where to be drawn in, the sky is the limit as to how quickly, and high this could possibly trade. Of course, I don't have to say this, because most people on this board who read these comments, already know this. Trick is, increasing awareness, and that ultimately lies in the hands of Lifeloc's management team.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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