Hi all, been monitoring LWP since the graphene tech ann last week and read almost all the posts in this thread. Aside from the well known 2 forumers (not gonna name names), almost everyone else is reacting positively to the news.
The pre-open buy side this morning seems healthy
[email protected] vs
[email protected] (10am), just like the past couple of days. Plus day after day I see the buy order @0.5c increased from 80mil to 90mil to 110mil (now).
All it takes is for the buyer to say "i want in for an extra pip" and this will flood over, major line wipes will happen, it's not really a matter of "if" now, but a matter of "when".
Note this is just IMO, i am still on the side lines because i noticed 0.6c on the sell side does not seem to get exhausted. Been monitoring 0.6c sell side, I see it reduced from 24mil to 20mil and then back to 24mil again, it seems seller(s) are slowly offloading and not dumping all at once. This leads me to think there might be a control sell happening at 0.6c to avoid hysteria.
Then again even if major sell down do happen and if the SP do go down back to 0.1c, it is still a risk that i think most people will still willing to take, reason being one could lose -0.4c or one could gain +0.7 (referring height at 17 July 2015).
But just looking at the future e.g. sales of proppant license and graphese battery prototype in 6mths, assuming they can deliver, this is gonna be big. I don't think anyone would set up a company just to fail and be hated, i believe the management is doing it's best, though not perfect (people do make mistakes), that doesn't condemn them as useless forever, so end of the day it's up to the investors to decide.
I wish i can enter in at 0.3-0.4c range, but at this moment the sell side does not seem to budge.
