InvestorsHub Logo
icon url

AgentSmith

12/26/18 12:14 PM

#24037 RE: PotsandPans420 #24036

Because I'm unemployed, have a 7-month-old, a mortgage, and no disposable money to buy at $0.80/share.

Any other questions, PotsandPans420?
icon url

corky2

12/26/18 12:51 PM

#24042 RE: PotsandPans420 #24036

Three things have happened here. Some may have had more impact, but all have influenced the share price. The sector has been in the crapper for a while now, the general market has entered a bear phase and as you mentioned, tax loss selling which is pretty much done has also impacted the price. This decline has been far from Lexaria specific. I think the sector struggling as well as tax loss selling have been the primary factors. Unless there is something negative going on with the company that we're not aware of, prices should start to rise in January. What we need is some fundamentally powerful news that will trump all the negativity out there. I think everybody understands that. Seems easier said than done. Just have to wait and tune out the nonsense every day.