LaserLock Technologies Inc(NDA) (PINK:LLTI) Reigns The Charts

Looking at the market performance of LaserLock Technologies Inc(NDA) (PINK:LLTI) for the last few days, there is no doubt that something might be dead wrong with this stock and its incredibly sheer upward trend.

If we put aside the fact that LLTI is actually a debt-laden enterprise that has been incurring losses since inception, we would have every right to deem LLTI shares as a high-potential investment. In reality, this is not the case. The company’s current surge will be as short-lived as it could get because LLTI simply lacks a solid basis to stand on.

Even though we dug really deep in an effort to see whether there might be a paid promotion in support of the stock going on, we ended up empty-handed. Neither our comprehensive database, nor other external sources seem to contain any emails touting the stock. Nevertheless, LLTI is going through the roof as far as its market value is concerned and this is fairly evident on the charts.

What isn’t so much obvious, however, is the sheer amount of common shares LLTI’s managers have been selling recently at prices way too lower than the current value of the shares. Indeed, we are talking about tens of millions of shares sold at about $0.10 – $-0.12 per share, combined with warrants for just as many. Considering how LLTI stock is presently quoted at $0.37, we could safely assume that a large-scale shorting looks imminent. And we all know what is going to happen with the market price of LLTI shares once all those parties holding huge stakes at the company take advantage of the present conjuncture.

In this run of thoughts, deciding against putting your money in this stock would be deemed wise, especially if you have not got in yet. In case you have already bought a stake, though, be sure to not to keep it forever because once the price has dropped, there will hardly be any driving force for a rally left.