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Osoman

01/19/18 7:18 AM

#5275 RE: Billjet17 #5272

While I readily admit that my opines going forward could turn out to be wrong, the facts they are based on are not lies (non truths as you call them) and are easily confirmed on LAC site by in 5 minutes by looking at their published financials. It's a fact that in 2016 (5 qtrs.) the net loss amounted to $27,724,000. for 3 qtrs. in 2017 the net loss reported was $27,445,000, $12,759,000 in the 3rd qtr alone.
Of course, they could reverse that trend, I just don't see how.
By the way, my original post was in answer to someone's questioning "why the drop today". I don't believe the drop had much to do with technical analysis or a by short sellers.