LPD 0.00% 0.3¢ lepidico ltd

lpd share price, page-161

  1. 2,765 Posts.
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    Being nervous is understandable, especially at the speculative end of the market.

    To be fair, if we look at this with a bit of context things aren't all doom and gloom.

    (I know we have an regular doom and gloom patrol here who post pessimistically on a regular basis, but ignore them, they're frustrated muppets who don't make money on any stocks hence their attitudes - they're born to lose and continually question their own judgement .. "oh no, not again!" They won't even be here in 12-24 months time).

    Twelve months ago this stock was 1.1c, today it's 3.5c or +218%. That's akin to owning a stock 12 months ago trading at $1.10 and $3.50 today, or $11.00 to $35.00.
    Even if it dropped to 2.2c tomorrow, it's still a reasonable return given the time period.

    The problem is, we've been teased into 5c, 6c, 7c and 8c+, but think about it in other denominations - a stock goes from $11.00 to $80.00 in 12 months on the back of zero income is crazy talk, but that's exactly what happened.

    If today's 3.5c was the high for the past 12 months from 1.1c (no 4,5,6,7,8c) we'd be singing the praises of management for a solid rising return?

    We need to change focus, less eyeballing of the share price and more learning about what the company has actually achieved in a relatively short period of time. They've (management) made gigantic and significant strides in this time - they don't care about the share price right now and nor should we, value will eventually be realised.

    Believe it or not, management weren't responsible for the SP reaching 8c at one point.

    Focus.

    GLA
 
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Price($) Vol. No.
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Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
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