LRD & LRDO -
Here is an update of my previousPost #: 63705109
Re SOI, and MC :
LRD
SOI = 38.4m.37% (14.3m) is held by the Top20 thus only 24.1m free floating.
MC = at today’sC.O.B of 35.0 = only $13.44m.
LRDO (31Jan27 Opts, EP25c)
OOI = 19.2m.(a recent issue of 1 for 2 heads)
but 60% (11.6m) is held by the Top20 thus only 7.6m free floating.
These Oppies only commenced tradingon Friday 09 Sep.
On & from then their average vol. traded/day – over the 1st 5 trading days till yesterday – was only 102 thousand !!
Today’s vol. was > 3.5times that. Food for thought?
Who knows whether theseOppies’ next few days’ volume will be even higher.
It’s all a case of how muchwe’re prepared to pay, isn’t it – to get a holding in thistight as a fish’s bxx.
Following the ANN today, the headswill, IMO, become a DT stock for several days, just as
KFM
did, after its ANN on 30Aug., when it more than doubled its SP in a few days, following @Patterns mostreliable trading technique of holding a bought stock once it has traded abovean 8EMA trendline and stayed above it each day till it crosses and closes below that line. See chart following :
What’s your opinion @Veritas2000 ?
A stock is not a DT stock
until after its daily volume rises substantially ?
or consider it likely to be aDT stock, ahead of an imminent ANN?
as @traderforever often suggests?(as he has done in recent days for LRD).
Add to My Watchlist
What is My Watchlist?
