News Focus
News Focus
Followers 168
Posts 5431
Boards Moderated 0
Alias Born 07/19/2007

Re: walterc post# 203168

Thursday, 10/24/2024 3:13:17 AM

Thursday, October 24, 2024 3:13:17 AM

Post# of 232901
some investors probably are still shaking their head about what happened a few days ago with the shareprice. So I will shed some light on what happened

Macrotrends editor Brecht Arnaert a few years ago wanted to buy Macrotrends from his owner Maarten Verheyen; but did not succeed; So he decided( with approval of Maarten Verheyen) to start his own newsletter Safecapital and of course took with him quite some readers ( investors in LWLG)
Maarten Verheyen is an experienced investor in gold silver and commodities and did not really follow LWLG. In fact he was planning to advise his own readers to sell all the startups that Brecht had invested in . I managed to talk him out of that. So his newsletter remained invested.
Maarten Verheyen of Macrotrends now still is very bullish about LWLG but he decided after the recent uptick ( he has several hundreds percent profit ) to limit his risk and sell half of the shares LWLG ; That is not a stupid move and I cannot blame him for that.
What is not clever is not to advise his readers to put a limit order in.
In a mail yesterday he wrote to his readers they were stupid not to put in a limit to their salesorders; In my opinion he is to blame himself . he should have advised a limit price in his newsletter.

so no need to accuse Maarten to be paid by the shorts; That is incorrect; The above is the correct story;
LWLG will easily recover from that if they do what they promise.
It is just a pity that this unexpected intervention broke the uptrend for a while
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News