RE: RE: SP drop? I think M101 raises the right point: this stock is just hindered by bad timing, non-existant marketing, and thus low volume. Basically, anytime one single person gets impatient with the stock and sells for a few measly hundred dollars the sale is enough to bring the sp down. And its a vicious cycle. More people get annoyed and offload because it's not rising.
While the industry might be down, it's a question of getting real volume on this individual company by raising awareness and increasing marketing. In my opinion, unless you're desperate for the cash, holding on to this one is a no brainer when you consider the valuations and the potential. LEC should easily be a $50M company today. Heck, the pilot plant alone, removing government contributions and accumulated depreciation, has a book value of $10.1M! (see note 9 on Dec interim financials).
In the short term, if it was me, I'd think that a few ads on Stockhouse's main page (for example) wouldn't hurt. Probably great value. I'm also wondering if the company is getting its money's worth with their IR guys (NATIONAL). Haven't seen or heard much good...
ATB,
WillPelly