InvestorsHub Logo
Followers 25
Posts 5305
Boards Moderated 0
Alias Born 02/17/2009

Re: seventeen post# 32107

Thursday, 08/18/2011 11:51:18 PM

Thursday, August 18, 2011 11:51:18 PM

Post# of 38585
re: " As I said....enough proof to me....I'll take my chances with Troy Lyndon...He has a lot more success in his back pocket than most sub penny stock CEO's. And besides, putting all accomplishments aside, if played right, this stock can make people some money."

So,if Troy is as accomplished as you say, then wouldn't logic dictate there should be a ton of investors making money on LFBG?
The only way anybody (retail investor) has been able to make money on LFBG is by averaging down and hoping that it bounces. There have been several bounces over the years which would have gotten those investors who were willing to average down, back in the black, but keep in mind, that was when there were only a few billion shares O/S. Fast forward a couple of years and now due to so much dilution,( 7+ billion shares O/S) the odds for any future bounce has become greatly reduced. The market can only absorb so many shares. Eventually, the weight of all of those shares will take its toll on the shareholders and those dreaded words that nobody likes to hear(Reverse split) will rear its ugly head once again.
IMO, Troy will enact a R/S. It's just a matter of time.
GLTA!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.