LTE

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Hello,
I noticed that LTE has been removed from your watchlist. Does it have anything to do with today’s news (temporary suspension of UK operations)? Also, do you believe the stock can recover from today’s drop in the short term?
Thanks!

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Asked on November 24, 2020 12:41 pm
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Thanks. So it's too risky for the time being. Their Canadians ops would not generate enough revenue?

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Posted by Bertrand Léveillé
Answered on December 4, 2020 1:39 pm
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Time to average down your share price if you intend to stay the course with this stock.

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Posted by stephen wills
Answered on December 4, 2020 1:20 pm
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Thanks for your answer. Do you believe that LTE remains attractive given today's news, now trading in at <0.15$?

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Posted by Bertrand Léveillé
Answered on December 4, 2020 12:35 pm
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It is directly related to the news of the shutdowns yes. This is exactly why we try to keep these very small cap companies on the watchlist, and not our Bull List.

Fundamentals can change on these companies in the snap of a second. We're going to keep an eye on the company moving forward. But it's pretty hard to judge how this is going to effect them when we have no idea how long the shutdown is going to last.

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Posted by Dan Kent
Answered on November 24, 2020 1:01 pm