Buyers who came in the last run before XMas pushed LOM up to 60c.. Among them are certain brokers known to sqeeze blood out of stone.. They got in low 30s.....one would assume they put the mil block in the buy side and squeezing every cent out of the sell side... We small punters can do nothing... It would take a big investor or an institution to knock them out of the way...
Lom is the Sirius, SIR, of Diamonds.... SIR went from 5c to 5 bucks... The only difference is LOM is in Angolia... Many things to sort out and danger always lurking... But with Diamonds like this big Mamma... And experienced managers it should be all good...
At 75c I, ll take money off the table to buy back at the next CR... Classic scenario in this business... AT 40C PEOPLE CAN FLY THEIR KITES....
LOM Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
