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Covering Small & Micro Cap Equities listed on the NYSE, NASDAQ, and OTC markets. We track hundreds of companies on a daily basis, analyzing intrinsic and price-related variables. Follow our research and coverage on our site at http://pennystockhaven.com/
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  • Lithium Exploration Group: Where Art Thou Going Now, LEXG? 5 comments
    May 15, 2011 2:17 AM | about stocks: LEXG.OB

    The growth phase in the product-life cycle (see below) closely resembles the initial rise in stock price of a pump-and-dump scheme. Along the same lines, the maturity or peak could otherwise be interpreted as the maximum price a pumped-up stock trades for.

    LEXG

    Beyond a reasonable doubt, Lithium Exploration Group, ticker LEXG, has long passed the growth phase. Everyone and their mother also know LEXG stock is past its prime. This leaves but one last phase: decline (see above).

    PSH foretold the collapse that happened overnight. LEXG stock dove more than 60% after reaching a 52-week high price of $10.68 a share. PSH wrote to members saying:

    The $3,296,800 promotion that is currently lifting the price will end far before “operations” at any LEXG mines begin. Coupled with the questionable past of the CEO leading this charade, it gives us great confidence that LEXG stock will drop significantly in price from these levels. Source.

    Members who followed us made money not only betting on the downside, but the also playing the numerous bounce trades that ensued. See here and here.

    Our accuracy in finding winning trades is what sets us apart from all other penny stock sites. It’s what makes us the Haven of Penny Stocks.

    To get our Penny Stock Alerts first, you need to be signed up to our newsletter. It’s free to join.

    In LEXG trades and more, you can be sure we’ll keep you informed.

    Themes: Penny Stocks Stocks: LEXG.OB
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  •  
    I live in Phoenix and lost $$$ in LEXG. The official corporate address
    for Lithium Exploration Group posted as 3200 Noth Hayden Road
    Suite #300 Scottsdale AZ 85251 (480) 641-4790
    NOTE ! This facility is EMPTY ! VACANT ! There is no sign that
    there was ever a Lithium Group in Suite 300 in this office complex
    There is a "lease available" signpost by the property manager.
    Where are this people !! Latest LEXG filings with SEC show this
    empty space as there location. Phone is a message recording
    and no employees/\.
    15 May 2011, 09:37 PM Reply Like
  •  
    hope you can recover some by day-trading LEXG (on the next wave): our trade was from $1.30 to $2.50 pennystockhaven.com/ac.../
    16 May 2011, 12:08 PM Reply Like
  •  
    Being that Lexg is a scam, why does the government and wall street allow it to be sold to the public? Shouldn't these stocks be taken out of the stock exchange?
    16 Nov 2011, 08:35 PM Reply Like
  •  
    It should, and likely will. But the inefficiencies of regulatory bodies certain suggest it may be some time before that occurs.
    3 Dec 2011, 05:01 PM Reply Like
  •  
    This blog was absolutely fantastic. Lots of great information and inspiration both of which we all need.
    5 Mar 2012, 04:17 AM Reply Like
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