Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Lignol Energy Corporation V.LEC

TSXV:LEC - Post Discussion

Lignol Energy Corporation > Selling Pressure...
View:
Post by 2guys on Jul 18, 2011 10:29am

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
Comment by willpelly on Jul 18, 2011 2:04pm
With respect to 2guys, I personally disagree. IMO now is the time to buy on weakness. With all the positive news of the last months, any chance to buy back in at .16 (like today) is a great bargain! I'm honestly very pleasantly surprised that we're still getting chances to buy like this... Seriously 2guys, when else are you going to get this type of upside? Sure you might get ...more  
Comment by 2guys on Jul 18, 2011 2:39pm
No offence taken willpelly.  I'm not too concerned as I realize that the path LEC is taking is the best one in the long run.  I was just commenting on the trading, and what may or may not happen short term with the share price.  It all depends on what news if any LEC releases soon.  The longer it takes to issue news, and the more strain there may be on the short term share ...more  
Comment by douglaspj on Jul 18, 2011 7:05pm
RE: "It all depends on what news if any LEC releases soon.  The longer it takes to issue news..."With due respect, and I have held (and admittedly offloaded some of my ) shares in this company for a good couple of years, but the long view should be skeptical of news. I hold another green stock (great technology - good patents) that was issuing news regularly,until the market realize ...more  
Comment by 2guys on Jul 18, 2011 10:01pm
" long view should be skeptical of news"Thanks for your input douglaspj.  I guess there's always a first time to post on this stock even though you've held for 2 years now, but that's fine.Again, my point was regarding the short term trading.  I would disagree somewhat with your statement because news is what drives a share price of a listed company, and ...more  
Comment by douglaspj on Jul 19, 2011 12:18pm
Perhaps I did not speak all that I really thought. When you mention news releases and you tie it to a significant milestone that is newsworthy, by all means there should be a news release. I look for releases from all my holdings, and guage whether I want to buy more or drop a few accordingly (as for Lignol - I am currently holding a small amount but giving strong consideration to loading up with ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities