

Actually, it is no surprise that the stock has had difficulties recovering, despite the exploding volumes of traded shares every now and then. Last Wednesday, another run started. Over the course of the next three sessions, there was a price increase of roughly 20% supported by millions of shares exchanging hands. Not unusual for this company, there was no immediate reason to sparkle such trading activity. The result – a price of $0.0051 per share and no clear picture as to what could be expected on the market this week.
Now, one way to make an assessment is to check what Laidlaw does and what might be its potential. So, this is a renewable energy company – a hot topic at present, which should mean a broad market to penetrate. According the company website, Laidlaw has either acquired, or is in the process of acquiring, different projects. The interesting part here is that all press releases associated with these projects are from 2011. In terms, the recent financial statements that the company released included no other figures but cash in the total current assets graph. [BANNER]
With the above in mind, one might wonder, if there were no assets but money before 2011, what has been going on with this company between 2002 and 2010? One answer that comes to mind is – a severe decline in the stock price. Yet, the news is not all bad. Despite this crash of the stock price, there are often sudden spikes of more than 200% or even 300% whenever this stock virtually explodes before entering a free-fall mode again. Which makes it a perfect ground for speculative traders to test their skills. As for ones looking for sustainable development, stability and growth, it is uncertain whether Laidlaw would be able to offer them the latter in the months and years to come.