Something hasn't been right at Lifeloc for years. New all time lows are occuring when the entire Cannabis/Marijuana sector got a lift today from what was said during the debates.
Maybe we find some support at the $2.00 level but other than that, with no buyers in sight and more shares coming to market on the sell side, who knows where the next support level will be. This is just an ugly stock chart for anyone who is stuck owning shares.
We are already under a $5 million market cap. If Lifeloc liquidated all of its assets it would be worth more than this.
We are probably due for 2 more weeks of little to no volume followed by more selling that brings us into the $1.00's.
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