I have to agree technicals looks great. We broke out of a 3 year consolidation pattern on great volume.
My only issue is having faith with the current management.
Keep in mind this move is not from anything management did or said. This is momentum as you know is from a mandate found in the infrastructure bill and an article from Garrett at money morning explaining the potential for breathalyzer companies - specifically Lifeloc.
If I had absolute trust in the current management/CEO of Lifeloc, I would do whatever it takes and lock down the entire float myself.
If I see news of an acquisition/merger/buy out that would bring in new energy and a new team I would be all in and take down the rest of the available float myself.
If you think management is doing the best job they can, that’s great but I don’t see it. A knowledgeable and hard working team I have no doubt would create potential for a Taser like move here but changes would have to be made - Just my opinion
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