Lexagene Holdings Inc V.LXG

Primary Symbol: LXXGQ

Healthcare Medical Devices

Lexagene Holdings Inc. is a molecular diagnostics company engaged in researching, developing and commercializing automated genetic analyzer devices in clinical and life science industries. The Company is focused on developing molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The Company's MiQLab System is an automated, open-access molecular diagnostic system for pathogen detection, allowing users to test for multiple pathogens onsite, returning results in approximately 2 hours. Its MiQLab System is an automated, multiplexing polymerase chain reaction (PCR)-based system designed for syndromic testing in human clinical diagnostics and veterinary diagnostics, as well as food safety testing, and open-access custom testing markets.

GREY:LXXGQ - Post by User

Lexagene Holdings Inc

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Comment by rljpon Nov 30, 2017 8:07pm

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Post# 27068561

RE:RE:RE:RE:RE:RE:RE:Great news

And if the penant broke out and I kept up with the chart updates you would be thanking me for the updates. Don't fool yourself. What gets posted here has zero effect on your outcomes.

We can only surmise but it did not go higher today basically becaus of a company puting a valuation of 1.15 after the completion of a prototype. But we will never know. But seems like a logical chain of events. Now what is the hold period? How long can whoever short any runs and be in the money?

It was not a logical timing choice for a financing.

And to repeat it showed little respect or care for all the folks....mostly retailers....who bought in 1.30 to 1.60. And the financiers were probably selling to them knowing what was to come. Seen it so many times I just thought they would finance after news and developments. Oh well.

Dont own it but doesn't mean we can't watch and learn. I am sure many have regrets and will hold now because they don't like to take a loss. I presented a strategy that was to wait for a breakout. People can buy and here and hold and I am sure there is a high probability that it will pay off over time. I like the wind at my back in a trade. Now I think one might consider buying weakness and selling spikes as 5 million plus the warrants can short anything that spikes so chances are things will be faded with news. Or maybe not. Time will tell.

Facts are however, they came out with a financing just before a milestone was accomplished and it should have been grand for investors but it wasn't. We need more news and confirmation of the prototypes success.

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