LPD 25.0% 0.3¢ lepidico ltd

lpd share price, page-1795

  1. 1,167 Posts.
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    Great, put a date on your 1.8 prediction and it becomes something testable rather than the ever vague "i think we are trending down" type of useless predictions.

    I stated at the time that you might be right about the fact of the SP going down. That was not of issue. I have stated numerous times the SP might lull in the absence of news (though upon news it might rocket, hence i continue to accumulate). The issue is whether a chart can reliably predict such movements with penny stocks, and whether your reasoning was sound. I also question if such vague predictions without timeframes or specific price points are useful. I can predict that America will have a presidential election in the near future because a gypsy told me. I might be right about the presidential election, but it doesn't mean gypsies have genuine magical powers. A prediction of a downwards movement in a stock is inevitable given no specification of timeframe, you're not exactly a market genius... You'll also note that my 'prediction' also came true. We haven't had the PP results that i said would rocket the SP, and thus the price has lulled. I just dont resort to a Rorschach test to make the prediction.

    I stated that many LPD holders who had limited spare fundings (myself included) might have to sell to take up their rights, or to afford more rights and options. I wasn't selling because of the future trajectory of the SP, but to afford more LPD stock (be it via options or rights, or whatever). I don't appreciate you insinuating some dishonesty or inconsistency there. The fact i disclosed my actions is precisely because I wish to be as transparent and honest as possible, while also providing what I believe to be some reasonable explanation of some of the trading at the time (at least my trades )
    Last edited by rayien: 25/06/19
 
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Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $21.47M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $2.133K 743.9K

Buyers (Bids)

No. Vol. Price($)
20 17693155 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 55830552 57
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Last trade - 15.57pm 28/08/2024 (20 minute delay) ?
LPD (ASX) Chart
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