Replies to post #9549 on Labor Smart Inc (LTNC)

[-Awaken-]

"Float is most likely a "lot" higher now than the 2.4M reported on Feb 13"

Really? I don't believe that for a minute. Maybe the Company will update it soon to reflect the "lot higher" float to enlighten all of us, lol!

[pennystockmentor]

The maximum the float could be as of May 16 is 4,316,651. Percentage wise that would be considered "a lot" higher. Number wise not so much.

I can see your logic on the price drifting due to the short term thinking. Excellent call out. I'll be buying. This stock should trade a 1x expected 12 month revenues IMO which gives me a $1-$1.20ish target.

Also, from past conversations with the CEO I believe there is probably a PPS that he has a line in the sand at and if we get to whatever that price is I would not be surprised to see him put a floor in with a massive buy order.

Shorters beware. This isnt some BS pennystock you can naked short and survive.