You will remember in an earlier post, I did caution that I would go radio silent from time to time. Either because I am otherwise occupied or because we were trading in size in the stock.
Stock fell from mid 50s to current levels due to a large seller. The institution buyers spotted him a mile away and decided to torture him down to lower levels. It’s a tough business but if one is a buyer then a lower price is better than a higher price and the buyers were entitled to turn the screws.
LVT Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held