Post by
Tedwilliams09 on Sep 18, 2018 1:39pm
Risk/Reward
Lottogopher could very well go to.01 or .02 cents, but the board has convinced private placement money to come in at much higher levels than where we are at today around .05 or .06 cents. Not many shares get traded daily. I think that the market makers are volleying shares back and forth with each other and accumulating knocking the retail guy out. Have seen this go on countless times with small caps or pink sheets stocks. We all here have been watching this for the past year with a couple big spikes along the way. The best way to view Lttgf going forward at these levels or lower is to accumulate along the way. Take for instance $1000 dollars cost averaged in at .04 cents, if it goes to .10 cents sometime in the next year, an investor could sell half his shares at the .10 cent number and doulble up plus and have a free ride with the remaining shares. If lightning in a bottle strikes with Lttgf, a person cud really make some serious coin on this one. I personally feel that the retail guy owns less than 1 percent of stock ownership with Lttgf. A lower stock price is a good thing here if the average investor sees a shred of upside a year or two out from here. That is if u have the tolerance to accumulate and likely be dead wrong investing with Lttgf, but if ur right it could be life changing even with a $1,000 to $5,000 investment if looking to accumulate at these levels. Once the company has more clarity of their timeline and business model, that will be the when the share price will rise and until then the trend is lower. I have been accumulating between .084 and .055, so yes board I am underwater on this one. Good luck all
Comment by
m112560 on Sep 19, 2018 9:14am
"Have seen this go on countless times with small caps or pink sheets stocks" Well put.
Comment by
moeroby73 on Sep 19, 2018 9:16am
Do they really know what they are doing? An update would be good at this point
Comment by
4evergreen on Sep 19, 2018 9:55am
Interesting perspective. Good luck on this.