LPD 50.0% 0.3¢ lepidico ltd

"The inability of people to rebut any challenges" I am very...

  1. 3,018 Posts.
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    "The inability of people to rebut any challenges"

    I am very happy to rebut you 4hr. It is called Penny or speculative stocks i.e. (Nano or Micro cap stocks) Junior miner explorers, like LPD are basically in the prove-up stage. Penny stocks are the 'TAB' horse race companies of the stock market. Investors come in to have a gamble at this end mainly, but Australian investors make the most noise when they lose compared to other countries, where you will see people talking about wins.

    Re the other company, you keep bringing it up. It is a Penny Stock just like the other 30 + companies that are in that sector which all bar one, I believe, have dropped significantly since listing. Five are either out the door or hanging on by their teeth in suspension. You should also mention them in your comments. The company you mention has sufficient holdings moving fwd btw, as do some of the others, and many are turning around on their price this month, including the one you mention as compared to June 30 pricing.

    LPD is a research, technology junior miner with no revenues to speak of, just like the 100's of other mining companies that have come and gone or remain listed on the ASX in this space. That is why miners are also set aside in a different reporting space to other companies. JW is regularly reporting. Development cycles for these minnows are normally 10 years, whereas pharma companies, like the other stock you mention, are 10 to 15 years prove up.

    No one wants their investment destroyed by ramping, but how many punters do you see at Casinos or in banks, or in betting houses screaming out to everyone not to invest in the bank or spend their money on a 1 in 16 chance of a horse race. People throw more money at horse races and gambling houses than on the stock market.

    People choose to invest because they want to win. Horses train and jockeys train because they want to win. Australians join companies as Directors because they want to build a successful business. Many do fail, the tombstones are there, for one reason or another, no matter how many shares are on SOI, or how much handicap weight is in a saddle. It is what it is!

    If people want to whinge about investing, then they shouldn't put their money on stocks, nor should they criticise they spend volumes of posts criticizing a company if there is evidence that management is genuinely trying to do right by their vision and by investors. If the company fails, it fails. Investors are meant to manage their money. No Director is there pushing the buy or sell button when shares are bought from your home computer. No one knows the outcome of a Penny's fortune, so no use bitching about it or warning people about it. If you invest you should be prepared for the high chance of loss.

    That is me being blunt and I believe a straightforward appraisal of the highly volatile Penny Stock market.
    Last edited by Neil1959: 27/07/22
 
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