Traders, fear of a market correction, recession, etc, create opportunity for people who believe the story and believe the price will be a lot higher in the future.
The fear that brought this stock down to .006 cents has created possibly a once in a lifetime opportunity for some holders.
For me i see the risk reward and i wont be jumping off this ship anytime soon.
Once the company soughts its debt financing, adds more new products to its line, gets to harness the full capabilities of Don Hicks with continued growth in the company, we will see fantastic sp growth.
We still have lifx clean to hit the shelves, switch to hit the shelves in many countries and the 10 buck US bulb is only hitting the shelves now. They will all be profitable for us.
We are competing with Phillips Hue and taking market share off them in Europe. Remember this campaign has only begun.
Look forward and the oppprtunities here are limitless.
The SP under 10 cents is bargain basement in my opinion.
We have a highly innovative CEO in David Mclaughlin and the future is looking bright.
- Forums
- ASX - By Stock
- BUD
- Ann: LIFX Breaks Record for Orders of Smart Lights - A$10.5m
Ann: LIFX Breaks Record for Orders of Smart Lights - A$10.5m, page-64
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online