Aug. 4 at 3:40 PM
$LAES The biggest hurdle for LAES is their float to volume ratio. LAES has about 120 million float. Their average volume on any given day is about 13 million. This float to volume ratio effect on the daily average price is a range of up or down 20 cents on the day. Therefore, to get LAES back to
$8.00 it will need serious “money making today” news to generate volume around 200 million a day.
So far the news has only been more of press releases than price moving news.
That said, they are expecting a new chip in quarter 4 of 2025. Also, the new facility in Arizona is expected to be operational in the next 6 to 9 months. And then there is what is called the Santa Claus rally in December, which took this stock from 40 cents to 11 dollars last year.
So, is it possible for it to get to
$20.00 in 2025, yes. But with all the float added this year by offerings, I don’t see it as likely. I would just be happy for it to get back to
$9.00. 2025 still has 5 months, a lot can still happen.