based on past experience of how spec stocks perform, i would have tended to get out. the stock has trippled in the last month. personally, i would not buy anymore myself, but at this stage, i am not selling what i bought 1.5 years ago. i thought the stock had the potential to go very high. it is a bit like a 100 to 1 shot at the races. i was tempted to sell, when they were running out of money, but then they announced a breakthrough, with the sale of one sign, with good associated earnings. i then decided to stay for the ride
there must be a thousand cities in the world, and if the technology is as good as what they say it is, then there must be hundreds of buildings (maybe thousands), on which the signs could be placed. there must be a huge market
i bought into GED the other day, to increase my exposure to LUM. GED hold 3m shares in lum. ged might be a safer bet, insofar as there is less downside involved
happy punting anyway
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