InvestorsHub Logo

Arpeggio4u

01/12/18 10:32 AM

#2225 RE: abew4me #2218

As I understand it, there are only around 10.5 to 11.2 million shares issued or available. Only 2.5% are held by "insiders". If the MM's did buy in, or some big investor, they did so with expectations the stock will go much higher. I think we both agree on this. However, in order for LTBR to issue new stock to support those prices, they would have to know the demand is coming, otherwise they would have issued a whole bunch of new stock and seen the price likely fall below a dollar, something they would have been loathe to do. The day before the surge on 12\26\2017 the stock was 1.05. Future SEC. filings may shed some light on it. The discussion is academic at best. What I am saying is there is strong support for a rising price on this stock at higher prices say between 1.50-2.00. I do expect the stock to go higher and am well aware of the stock prices history....and risk. I am cautiously optimistic and have put my money where my mouth is.