Replies to post #3317 on Lightbridge Corporation (LTBR)

[Going_4_It]

I understand your point completely.

I have been investing in penny stocks for over 50 years. Usually, when I discover that a reverse split is coming I immediately dump my position. The stock nearly always dips following the split, and then I buy it back and achieve a lower cost basis.

But in this case I want to hold for Long Term for a really big gain. So I think I might buy some PUT options to make a few bucks on the down side. Throughout this year I have been selling covered CALL options that have all expired in my favor. So I am used to playing the options and acquiring more shares on the dips.

Of course, the measure might not pass if it does not get the votes. Apparently the insiders do not own enough shares to get it passed on their own. I guess it could go either way.

Actually, I am way more focused on the changing weather patterns, the increasing cost of energy, and the overall worldwide problem, etc. I am less focused on this one stock. In my opinion, Lightbridge is a piece of the larger puzzle, and I think they are very well positioned to be a gigantic success story.

Always do your own Due Diligence.