People should really look at the overall volume the last couple months outside of the block trade.
Its been sub 10Million in volume since this same time in July where people came back in from tax loss selling.
Until this sees reasonable volume and churn, it isn't going to pump up no matter what the news is, outside of a major catalyst like:
- The FFN product heading to market - CLIA waiver - Major distributor for products - Millions in revenue in the next quarter or so from product sales
The top 20 hold 55% of the company (pre CR) with the remaining owning 44%.
396 holders in the entire available outstanding hold over 100,000 shares (445,384,357 total shares) that works out to be an average of 1,124,707 shares per holder. Knowing many don't hold that much, however they aren't selling until they see profits or bite it for a tax loss.
So unless the new pundits have reason to invest and pay up, there is no substantial volume, there is bugger all movement, bugger all increase in share price.
LDX Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
