If the previous 12 months trend is anything to go by the recent low of 40.5 cents will see a reversal of about a 20% rise to the end of the year then continue to gain over January.
Also the DOW could crack 20,000 soon so IM becoming very bullish on most stocks at the moment.
After last nights DOW trading IM starting to think that LOM may not fall below 40 cents as it appears a lot of new money may be entering the markets,and that will be good for all stocks.
I just loaded up with my largest buy in many years before its to late to get in on the cheap.
LOM Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
