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John Q Trader

06/20/13 4:21 PM

#2152 RE: KingKong #2148

Yeah same here bud, the entire market is crap right now. Take a look at historical prices of this thing though:

http://finance.yahoo.com/q/hp?s=LWCTF+Historical+Prices

March 7-13 when they first came to OTC Pinks from Canadian exchange, they were over $1. March 14, they hit the reality of the Pinkies and crashed. Look at the 15th, over 4M shares traded and closed at .03, but it can bounce back up to .08 or .09 easily. Then look at April 12th with over 2M shares traded, it popped to .26 high, and closed at .16.

Point is, the stock will jump a fully penny or more at a time, it doesnt get into the tenths of a cent like many penny stocks. Historical prices show it can go up just as fast as it goes down. I have seen penny stocks go 1000% in a single day.

All of this, and they really haven't had any REAL good news in the past 3 months. Army corps will mean some revenue + it tends to certify LCTI a LEGITIMATE company. Right now, everyone is looking at this as they do every other penny stock, most of which are scams with fake companies. Thats why there is no volume, everyone thinks its a scam. Upgrading to QX will be HUGE for legitimizing the company as well because OTC Pink sheets are as low as you can be. QX will validate them as a legit company.

This is all just my opinion, do what you think is best, but I think we should have no problem at least getting back up to $.26 with Army Corps approval and QX upgrade, as we have already seen that price level without the news.