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Raiders Army 04-28-2011 05:57 PM

LEXB
 
This is an interesting stock: LEXG.OB: Summary for LITHIUM EXPLORATION- Yahoo! Finance

Back in March, you could've bought it for anywhere between $0.007 and $0.10. It closed today at $10.57. In a month and a half it rose by about 15,000%. If you had invested about $10K, you would've been a millionaire.

Okay, all this being said, I would've sold when it hit $1. Or $5. Or $7. Also, I would strongly recommend that no one buy this stock. The CEO's house was forclosed on in February. This is also a great article on why not to buy this stock: CitronResearch.com

I'm just curious to see how far it will run. Last week you could buy at $2 and I thought it topped out yesterday. I thought it topped out today at $9.60. When it crashes, it's going to crash hard.

Mustang 04-28-2011 06:26 PM

They are probably gearing up to stockpile Lithium to build batteries for the newest generation of Tickle Me Elmo dolls.

digamma 04-29-2011 10:40 AM

Under 5 bucks today.

DanGarion 04-29-2011 07:07 PM

I bought a bunch of shares of some crap stock I got a "stock tip" email of a couple months ago, hasn't done shit, but it was just some cash I had sitting in my account so it wasn't a big deal.

Raiders Army 05-02-2011 06:43 PM

It didn't crash as hard as I thought. I think it'll go back down to pennies soon.

digamma 06-21-2011 01:25 PM

Trading pretty steadily under 2 bucks now.

SportsDino 06-21-2011 07:28 PM

Pump n dump, look it up.

digamma 06-21-2011 07:43 PM

The run up to 10 bucks, sure.

Bigsmooth 06-21-2011 10:04 PM

What a cesspool the stock market is.

Galaxy 06-21-2011 11:50 PM

Quote:

Originally Posted by SportsDino (Post 2488459)
Pump n dump, look it up.


What does Pumpy have to do with stocks? :D


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