Nasdaq up 300 points since Sept. 5, LOCM down 3 cents
Absolutely ridiculous that LOCM hasn't participated in this once in a decade rally. I have hundreds of micro caps on my screen with far worse financials than LOCM that are up 100% or more. On the momentum of this rally alone LOCM should be near $5/share. Anyone who remembers the Nasdaq rally of 1999 knows that micro caps like LOCM were past $10 (headed to $20 and beyond) when the Nasdaq approached 4,000. There's no reason whatsoever for LOCM to be trading down during this 300 point Nasdaq run.