Apr. 3 at 6:10 AM
$LPTH I’m a new investor here with about 2,000 shares long. I liked the balance sheet and seeing sequential growth in this company. The CEO also seems competent when speaking, and it seems this company is poised for growth.
My only worry is this North Run Strategies fund. I see that since January they have sold almost 4 million shares, and I see they have acquired these shares from convertibles. Is there anyone who knows how many they have left to convert? They seem to be the only sellers, even when the executives are buying.
Also, I see people mention the NGSRI program. Any update on that or when it should bring results?