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Message: NEWS -- Lexaria Corp.: Strong Increases in Proved Reserves

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Re: NEWS -- Lexaria Corp.: Strong Increases in Proved Reserves

in response to Re: NEWS -- Lexaria Corp.: Strong Increases in Proved Reserves by duncanmcl

posted on Dec 24, 07 05:10AM

Lexaria's stock is thinly traded and the bid/ask spread is huge. This contributes to wild swings in the stock price.

The projects of the company are solid but with so few shares traded the true value of the company isn't being realized. Combine that with tax-loss selling and you have this low share price.

If you are still purchasing shares of the company, I would put in a stink bid, and hope your order gets filled.

Neville
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