News Focus
News Focus
icon url

Vegas_trader

06/18/12 4:15 PM

#38464 RE: bfavre40 #38462

The majority of brokers have no issue with investors buying and selling LHPT. I think the chill more directly affects those trying to deposit and trade shares via physical certificate.
Certainly some brokers will have restrictions on it, but I trade with Scottrade and have had no issues.
icon url

jwrober

06/18/12 4:24 PM

#38466 RE: bfavre40 #38462

Probably won't see that kind of volume on this symbol, no. Which is why i think Todd has been so aggressive at finding another company to JV/Merger (emphasis on merger).
My only concern at this point, is that there's a small chance he's pushing for a merger into a non-DTC chill stock with the sole intention of heavy dilution for cash pinata reasons(reminiscent of previous LHPT CEO's). Personally, i don't think (and hope) that's the case but it is a small possibility. However, with some of the moves he's made; actually getting wells online and producing, not using paid P&D campaigns, regular website updates, and even buying shares in the open marketplace, if he is just intending to dilute for his own personal gain, it makes me almost just gracious to give him my money. 'Cause, if it is just a ruse, you almost have to applaud the complexity (it would be like Ocean's 11 stuff).