LEXG – A Buy, Hold or Sell?
Lithium Exploration Group
(OTCBB:LEXG)
Lithium Exploration Group has had one of the biggest promotion campaigns ever for a penny stock. SmallCap Fortunes was the likely original promoter behind the stock and was followed by multiple penny stock promo lists. Most of these were just bandwagon jumpers looking to boost their lists on the back of a major runner. With a campaign budget of over $3 million traders began to flock to LEXG thinking it was going to be the next hot penny stock, and it certainly lived up the the hype. LEXG went from less than $1 to over $10 in a matter of a couple weeks. In between, day traders and short traders have been making money every day. A few weeks ago LEXG had its big dump day – going from $10 to $4 in one day. It then bounced from $4 to $6. After that it had a major sell off over a few day span to around a $1.30. Over the past few days it has had a technical bounce from the $1.30s to over $3. Does LEXG still have life, or will short traders come back and finish the job? Here at pennystockclassroom.com we will keep you updated with any major moves in LEXG.
Below are two avenues to stay on top of these stock promotions. One gets you in before everyone else and another shows the tricks of the trade to make money off the dumps.
Looking For the Next LEXG? Get in on the action before anyone else with our partner pennystockrumors.net. Sign up below absolutely free.
Who says you cannot make money off the dumps? Timothy Sykes turned $12k into over a million shorting penny stocks. Sign up for his exclusive and hilarious penny stock commentary. Definitely worth the price of admission. Check it out today.
Quote
Flash Player 9 or higher is required to view the chart Click here to download Flash Player nowAbout LEXG
Lithium Exploration Group is a US based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Classroom is not liable for any losses you may incur.
