So far, it looks like the rule-of-thumb is playing out exactly as predicted. LTBR announced bad news.
Lightbridge Q1 EPS $(0.21) Down From $(0.17) YoY
Lightbridge (NASDAQ:LTBR) reported quarterly losses of $(0.21) per share. This is a 23.53 percent decrease over losses of $(0.17) per share from the same period last year.