Post by
Smokey1958 on Feb 18, 2021 9:18am
Learn From Your Mistakes
As Angler said a significant misstep in Canada means you reorganize, focus on your US enterprise and learn from what was a costly error in judgement. Impatience on the part of management doesn't mean the company wasn't good ....just struggled to behave. The co-founder is back at the helm and while trust can be challenging to get back, he knew what he was doing ....and that part hasn't changed.
The fundamentals and analyses all paint a positive picture ....for the patient. The most recent Morningstar Fair Value sp is $.06 and the speculative 1-star valuation is $.56. Barchart is not following it closely yet and all three resistance levels are tight around $.05. A little traction above $.05 and their appears to be some room.
Response to the next big NR will provide some indication as to how the markets are willing to move on LUFF.
GLTA!!!
Comment by
bhikku2 on Feb 18, 2021 9:28am
There are not a lot of shares available from 0.04 to 0.045... Hoping for a strong base to be built here.