As often is the case with more speculative/risky investment opportunities, there are a few "IF's" & "WHEN's" in play with LRS. At least perceived by the market, if not real.
But yes, all going well those good chickens will come home to roost, big time, eventually. Thank you JB for bringing this company to our attention - it's definitely on my watch list!
In the meantime, for whatever reason(s), the chart is clearly telling us that those perceived and/or real questions & concerns still need resolution.
Yes, there is a 'risk' that the market wakes up and pumps the share price overnight, e.g. through M & A activity. But, the alternative right now means holding onto a falling sharp knife.
More often than not, price action on a chart (including for the Stocks residing at the riskier end of town) will give a sufficient heads-up that positive progress is afoot and hence time to enter.
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