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Bullboard - Stock Discussion Forum Lexagene Holdings Inc LXXGQ

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... see more

GREY:LXXGQ - Post Discussion

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Post by Chopper1BigDog on Feb 20, 2021 6:17am

POC

I  believe  that   when all is said and done   the   BIG  JUMP    in   Lexagene's   stock will   NOT  BE   LEFT   to the retail investor ;  It will be Institutional   BUYERS    who are now doing their research   who will truly move this stock to  the top .   I don't believe    retail investors    truly understand the impact of a stock such as   Lexagene.    Many of the doctors and nurses that I spoke to got it right away.   Someone asked    me   how they have been able to put a man on the moon ages ago   yet   no one has solved  this hospital short  coming ,  about waiting so long to get back  specimen results  back from the lab  .  The fact is if you work in Emergency or ICU where time to get results matter,   you  always accept  that  you have to wait for the lab results because there was  nothing else.    Whatever you choose it would come out of the department's budget. You were always at the mercy of the lab;  and sometimes they have been late with specimen results that you need desperately    or   they might tell you that the specimen was insufficient or some other  problem   crop up  .    In such situation you  would  have to start back from scratch.   Situation such as   this is not just problematic for the patient ;   it is very stressful for the  staff  member.  It is no surprise now that  hospitals and other health facilities are  moving to Point of Care   in a big way .  This really put the  power and decision making  in the hands of the doctors and nurses .  (  I believe that   this situation is not just affecting  hospitals but it is also in the vet , food  and other industries that LXG hope to enter.   In some way it is a simple solution  to a big problem, whose time has come  ).

Comment by 007dave on Feb 20, 2021 1:30pm
Been a long term share holder for three years now and finally sold my remaining shares this week. I basically ran out of faith and patience in the company to take advantage of Covid and bring a machine to market. Missed time lines, lack of news flow and fluffy news releases killed the stock in the summer and fall in my opinion. LXG should be north of 5 dollars by now. I think watching Carol ...more  
Comment by Chopper1BigDog on Feb 20, 2021 3:20pm
007 plum - do you think any one cares about your post - I have sold all my shares  !!! 
Comment by 007dave on Feb 20, 2021 4:11pm
Sure do dog since I've been a long suffering share holder and have posted both positive and negative comments for many years based on what Lexagene has or has not accomplished. Unlike your white night posts I'm more of a realist and at this point have no faith in current management to take LXG to the next level.
Comment by ragb7002 on Feb 28, 2021 3:24pm
Dave and let's do it: I sold all my, and my wife's shares. Timelines never met and lots of completion out there. They will be bought or insolvent. Marketing manager and sales professionals must be pretty bored by now. Just giving machines away,drinking coffee and collecting big salaries. Let's not forget the options!!
Comment by 007dave on Mar 01, 2021 12:02am
What price did you sell at. I sold my last 10k shares at 1.37. And did you at least break even or make a bit on them. Like i said last week I may buy back below a buck in anticipation of FDA news in the spring, so they say.
Comment by ragb7002 on Mar 04, 2021 3:20pm
So they say!!
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