(Total Views: 213)
Posted On: 10/10/2020 11:20:33 AM
Post# of 721
Oversold - Trend Reversal; see chart and Barchart technical opinion.
https://www.barchart.com/stocks/quotes/LXX.CN/overview
It was a negative feeling yesterday... though one day later, I have recover.
As a matter of fact, when I start analyse the new situation, it could benefit LXRP.
Not to pretend I don`t miss the Altria 11M - but this gives Lexaria space to monetize other possibilities within it`s 4 divisions business model. Like Pharma.
Going over my research notes again, I see the Pharma division as the primary goal, in terms of revenue and profit. Pfizer and others have expressed interest in Lexaria Bioscience.
I can also see a conglomerate as BAT, give a buyout proposition. With it`s many applications in it`s businesses, it could benefit greatly of the technology.
Rome was not built in a day
, to sell now would be a BIG mistake. Within this year, we will climb up again. Maybe a new 30% run (without dip) next?
What`s your opinion, fellow trader/investor? Share your thoughts on the board.
https://www.barchart.com/stocks/quotes/LXX.CN/overview
It was a negative feeling yesterday... though one day later, I have recover.
As a matter of fact, when I start analyse the new situation, it could benefit LXRP.
Not to pretend I don`t miss the Altria 11M - but this gives Lexaria space to monetize other possibilities within it`s 4 divisions business model. Like Pharma.
Going over my research notes again, I see the Pharma division as the primary goal, in terms of revenue and profit. Pfizer and others have expressed interest in Lexaria Bioscience.
I can also see a conglomerate as BAT, give a buyout proposition. With it`s many applications in it`s businesses, it could benefit greatly of the technology.
Rome was not built in a day
, to sell now would be a BIG mistake. Within this year, we will climb up again. Maybe a new 30% run (without dip) next? What`s your opinion, fellow trader/investor? Share your thoughts on the board.
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Robert
