OTCQX:LVNVF - Post by User
Comment by
edmedon Mar 23, 2015 1:26pm
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Post# 23551238
RE:RE:RE:A Few Thoughts RE: LVN, SciVac and Frost
RE:RE:RE:A Few Thoughts RE: LVN, SciVac and Frost
After many years of holding on I sold today at .44 Managed to break even so I am not too upset considering the state of Junior Resources . Did not sell last week at .51 because was hoping for a buyout but that was foolish in hindsight. I agree with everything that Broomboy has stated and that is why I have sold. The US dollar has nowhere to go but up when the FED starts normalising US interest rates . Look for Gold and Silver to initially tank along with resource stocks. When the final capitulation happens in resource stocks have cash on hand to buy back Levon resources because the US dollar will have to come back down to earth as will equities. I really like Frost and I like this Hep B vaccine even more but I don't like 750 million shares . I have seen this too many times before, with old shareholders doing poorly due to share consolidation followed by PP's to further new deals and acquisitions. I will most likely buy back in but only after the eventual consolidation and PP which I think will occur once the new company is set up. There is to my understanding about 18 months until FDA approval may occur and I think one will be able to buy back in at a much lower share price. Its all educated guessing and I thought I would share it with you all for those that may care Good Luck JMHO