Lcy is holding its position, bidding at 0.005, betting at $0.006, which is nearly half of its current peak, $0.01.
$0.01 means the hope of the nickel mother lobe; $0.005 but higher than $0.002 means the suspecting of this expected nickel mother lobe.
People tend to blame the board of the penny companies, which is fair most of time and the blames usually are the reasons why they are pennies.
Good management usually means more needs in resources, which are the pennies really want to get. The problem is you want big money in quick and you have to be lucky enough.
The mother lobe would be the company maker. Where is it now? At $0.01, more traders believe/hope it is in LCY's tenement. At $0.005 more traders turn to be pessimism or at least take sage positions.
What if mother lobe is there? You would be happy with your holding.
What if mother lobe is taken away from somebodies? You would be trapped there for sometimes.
It is not about what the lcy board do but what you deal with your money. Would you enjoy to be trapped for another 2 years or more? Yes and then hold, which could be the best bet you have made if mother lobe is put there by somebodies.
LCY Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
