Saturday, January 07, 2012 4:15:44 PM
Can someone please explain why that is? Why has the company in its history never been able to sustain a rise in its PPS after a PR release blitz such as what we had back in May when it went to .03?
What factors cause this to occur. We know what causes the rise in the PPS when good fluffy news is released but why has the company never been able to hold its position, build a support base there and move up when the next good news comes out?
My answer, in my opinion as a shareholder is that most investors view this company as nothing more then a pump and dump and they have no long term confidence in the company, the President and CEO, the products, the competition they are up against, etc...My opinion is that only traders watch this stock and try and get in low and sell on one of the pump fluffs and may even short it as well to make even more money because they know the historical pattern is that that the company has never been able to form a support base and move up the next step. I am not defining .005 or .006 as support bases right now, that is life support CPR being given to the company right now.
I am curious to hear from the long term knowledgeable Lyric investors as to what their thoughts and reasons are why Lyric can not hold onto its gains after a PR fluffy release?
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