RE:Facts?
I believe in your previous post " Vicky " your exact words were as follows .......
Tides They be a Turnin...
Sure doesn't drop for long...just long enough to scramble up some more cheap shares. Looks like accumulation...hit the stops...freak everyone out...then buy! LOL
You did not mention the time frame involved as you can see above in your post but you did say " sure doesn't drop for long " and yet in the past month it has been a steady drop after the " push " as stocks normally do before / during a financing so as to be able to do the financing at a higher price and therefore have less dilution to the stock. This is normal for stocks to do this and makes sense.
Now seeing that you don't happen to mention any time frame in your " Sure doesn't drop for long " statement then lets take a look at the 5 year chart below.
In the first 3 months of 2009 she dropped. Then she more or less flatlined for 12 months at approx. .12cents. Then she jumped up to the .25 cent range but not for long ( approx. 3 months ) as you can see on the chart. From the end of 2010 to the end of 2012 ( approx. 24 months ) she steadily fell as you can see on the chart below. Then for the next 12 months plus she went up. Then she started dropping again with the second high in 2014 not as high as the first high and has been dropping since.
So in the past 5 years Vicky the timeframe for the drops has actually been greater than the timeframe for the upticks as you can see on the chart below and in a longer time frame there have even been longer downturns than upturns. ( It had a high of .51 cents in 2008 shortly after coming out on the market and then started falling right away ).
Bottom line though is that more people like to go by a penny stocks more recent chart and a blue chip stock using a multi year chart to help to try and define the stocks direction and recently with LK the trend has been downwards as all can see and it actually " drops " for a longer timeframe than it goes up for.
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