LionGold stock closed at 32 cents on 22 Oct 13. As shared with you readers, while investors were quite fearful of the performance of the trio of penny stocks: Blumont, Asiasons and LionGold, I see the opportunity to be greedy and hence I have done a quick contra in Asiasons while for Blumont, I am practising a buy and hold position: I have bought just few lots to prevent price gyrations. This leaves LionGold stock as the only penny stock of the three stocks which I have not really invested in or traded. So why have I not invested or traded in LionGold? The reason is simple, I have not done some study on the stock till yesterday night when I looked at the website of LionGold company, studied its business model and looked at the company’s financial statement.LionGold is the new name of the company after the previous ......