InvestorsHub Logo
icon url

afterU

01/11/11 11:00 AM

#42256 RE: chrenshaw #42255

Because "real" institutional investors will only buy and hold a stock if it's over $5 per share, and some won't touch it unless it's $10

The only chance Lecere had to get its stock price up to those levels... and get on the radar of institutionals was to implement a R/S, deliver revenues, then get on the OTCBB or AMEX.

To have true northern direction in a stock it has to have large institutional holders, mutual funds, pension funds, hedge funds, corporate investors, etc...

Right now Lecere is held by small individual investors, many of whom day trade and manipulate the stock for personal gain...