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Bullboard - Stock Discussion Forum Lignol Energy Corporation V.LEC

TSXV:LEC - Post Discussion

Lignol Energy Corporation > Lack of Support...
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Post by 2guys on Aug 09, 2011 11:59am

Lack of Support...

I'm not as concerned with the selling as the markets aren't necessarily in a buying mood even though we are seeing a rebound today.

What I would like to see is better support especially at these low levels.  Now wouldn't it be nice to see management doing some buying?  That would give some confidence to investors IMO, especially at these prices.

I'm kicking the tires for more shares myself, but the lack of support is a tad concerning.  May change at anytime of course, but for now, it's not very impressive.  atb


Last: 0.160 Change: 0.000 Volume: 24,000 Last Trade: 11:45

Level ll Quote
Bid Ask
Price
Total Size
# of Orders
Price
Total Size
# of Orders

.155
14 1
.16
72 2

.13
30 2
.17
100 1

.125
14 1
.175
100 2

.115
50 1
.18
106 3

.105
40 1
.185
20 1

.09
4 1
.195
14 1

.20
100 1

.215
20 1

.22
69 3

.225
6 1
Comment by 2guys on Aug 09, 2011 1:02pm
Albeit on very low volume, the lack of support along with the selling at the bid, can bring this back donw to the 0.10 range unless of course we get some positive news.I was hoping that by now, LEC would release some results with regards to the HP-L Lignin testing for the OSB market.The new R&D with FP Innovations seems to be a long ways off with regards to commercialization for the use of ...more  
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