originally published Thursday, December 03, 2020

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Tech Stocks Tech Stocks

Leonovus was another stock that was amongst a list of stocks posted on 22nd November and it is now at the same price as it was back then and remains a buy for the same reasons. The company develops cost effective high security cloud based data solutions software. What is especially noteworthy about its stock here, apart from its being historically cheap, is that following a reverse split the number of shares in issue is small, and of those only about a million are in the float. Things are going well for the company and this looks like an opportune time to pick up its stock at a low price.

Leonovus Inc. website

Leonovus Inc., LTV.V, LVNSF on OTC, closed at C$0.35, $0.273 on 2nd December 20.

Posted at 9.20 am EST on 3rd December 20.

The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment or securities advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market technical analyst, Clive Maund is not a Registered Investment Advisor or Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be construed as a recommendation or solicitation to buy and sell securities.