UNVC4ever, LEXX started trading pre-market for les
Post# of 4861
(Total Views: 255)
Posted On: 01/12/2021 11:26:52 AM
UNVC4ever, LEXX started trading pre-market for less than the suggested opening price, and when no additional news was released to provide a sense of optimism, the price continued down. So investors suffered a 1 for 30 reverse split with the idea a major exchange would bring in major investment from deep pocket investors. The question is why would investors pony up without news of big new orders and/or new customers? We know Lexi is working with big pharma, but without a press release indicating a solid partnership, what foundation do we have to support the share price. Furthermore, existing shareholders just took a bath, so why would they step up to buy more? I don't know what the thinking was here, but the recipe is not one that produces a beneficial outcome. IMO
Maybe news will come after close or sometime this week --- we can hope.
Maybe news will come after close or sometime this week --- we can hope.
(2)
(0)