Saturday, March 20, 2021

$PHES $LODE

 



Entry Price: Choose between 0.42 or 0.3950


As a result of 29 January disclosure, the price of the stock shoot up 49.46%. After a month and 19 days, the price retraced back to 1.02, just a 0.09 higher than that price the day the stock flew. I think the most important part in that disclosure is this statement:

"Lodestar is in pursuit of viable businesses that will give it substantial returns. It is looking to incubate enterprises that will take advantage of current market demands such as, but not limited to, information technology."

Then last Friday, 19 March @ 3.40 pm there was a follow up disclosure to that of 29 January. I think the most important contents are item 1 and the concluding statement:

"After the conduct of due diligence, Lodestar is at the stage of finalizing the terms and conditions of its planned investment in one or several companies that may be engaged in Information Technology, Gaming, Digital Entertainment, and/or Financial Technology."

"Lodestar intends to have a formidable stake in companies that will revolutionize gamified entertainment in the Philippines, integrating digital, mobile and payment gateways."

Will this latest disclosure cause again another run? Well, let's just wait and see. If you want to enter this stock, you can choose between 0.88 or 0.79. But if you can't wait, you can enter the stock at any price at your own risk. 

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