With only 5 million traded in the first hour this morning one had the feeling that the desperados had finally left the building.
Personally I have taken a minimum 6 month view on what LWP may or may not achieve. So the daily fluctuations matter very little. Whether it is trading a 1c or 1.5c is irrelevant in my opinion.
Having spoken to management recently I am content that we might have a bright future. I would not have invested in this company if I thought differently. For those who have sent emails to management recently and asking for replies don't expect to get answers to your questions. That won't happen. If you do happen to get fantastic replies, that would sound alarm bells to me if I was an investor.
I know from previous discussions that they will be striving for a Nasdaq Listing. That will set them on the path to riches. But that will only be possible when we have a market cap much greater then the one we have now. And that will only happen with solid announcements from here on..
Hence the reason why 6 months is a minimum time frame in my mind. That should provide them with enough time to start kicking some goals.
Nothing ever happens over night.
I am not expecting this story to be any different from any others..
LWP Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
