LEXG - A Stock The Guru Spotted at $.12 Now Trading at $1.62

When LEXG came across screen on a volume alert it was trading at $.12. Today it hit $1.64 a share before closing at $1.59. That is well over a 1,000% move. What's even more amazing is that $408,000 worth of LEXG stock were bought that day at $.12 a share. That $408,000 investment is now worth, as of today's close, is worth over $5 MILLION. If you had been lucky enough to buy $1,000 of LEXG at $.12 you would currently be sitting on over $13,000 worth of stock. And you wonder why people like trading penny stocks so much. The possible returns are tremendous.

Here are a few of my blog posts on LEXG:

http://pennystockgurus.blogspot.com/2011/03/lexg-up-410-on-day.html
http://pennystockgurus.blogspot.com/2011/03/legx-up-1500-since-400k-purchase-i.html
http://pennystockgurus.blogspot.com/2011/03/chart-of-day-lexg.html

The problem with LEXG is there were no shares for retail under or at $.12, unless you had some inside scoop like whatever individuals bought at $.12 on March 22nd. The minutes that volume came in LEXG has went from a dead stock to one that is getting over $1,000,000 in money volume on a daily basis. Today the stock had almost $9 million traded.

This is what the LEXG trades looked like on March 22 and what LEXG trading looked like today.