Let us call a spade a spade. It is a 10 cent share (currently) that was constered down to 7 cents because of the CR (to insiders). The insiders sold it down from 10 cents to 7 cents because they got replenished at 7 cents. Let us call a spade a spade.
Now, I 'wonder' if the shenanigans is finished. The uptick is simply the share getting back to the pre conster levels. What happens from 10 cents, will be interesting. I would love to see some firm metrics... that is: we sold X and our margin is Y, therefore we are not losing money anymore. And if sales keep increasing, we will become that magical word 'profitable'.
The only competitor that I know is from Israel. So, oddly, the Hamas war may cause that competitor to be shunned. So, we should get sales and margin and profit. I mean, that is what companies do.... correct?
LDX Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
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