TSXV:ELXR.H - Post by User
Post by
keeniinvestoron Oct 01, 2018 3:35pm
133 Views
Post# 28723984
Perspective ...
Perspective ...it is not unusal these days for stocks with lower floats to trade huge volume 15-30M. LG currently
has 374,714,485 outstanding with 25% being held by insiders leaving 262,300,140 free trading and
according to SEDI there has been NO insider activity since Apr/18. 9.5M is decent volume but not
particularly huge all things considered these days.
Also, this is the 3rd time in 5.5 weeks there's been a push to $0.215.
1) aug 24 .... $0.215 then back down to $0.155
2) sep 11-12 .... $0.215-$0.245 then back down to $0.16
3) oct 1 .... $0.215 then ... ???
Here's hoping the cycle is broken.