Selling Pressure...I guess if those that bought their shares when this was in the 10 cent range sell now, this could move back down to 0.13 where there is a gap or even at 10 cent where there is yet another gap.
Don't know if that will happen, but I will wait and see how the market reacts or over reacts to the recent news about DOE funding.
It is a change of plans but until LEC announces an offtake deal to advance the commercialization of ethanol/HP-L Lignin production, the market may continue to react this way.
I'm in at 0.19 and am holding. Have cash, but won't be buying more until I see further progression. atb