Well,it looks like those of us who weighed in at $3.60 and again at $3.50 as LGL slid toward oblivion are about to be rewarded. No, we didn't get the bottom (briefly at $2.94)and we didn't buy more at $3.10 on the way back up. But, that's the breaks.
To....The Word....it looks like we're going to be in the money a lot sooner than either of us expected.
To....Ves.....son, you need to get back onto your medication. I suggest you watch the price of crude real closely. If it doesn't hold $US100, oil is more or less in a double top situation and could easily fall back quickly while the $US recovers somewhat.
Naturally, all bets on how high LGL goes are off if we can get the big boys back in taking volumes back to 25m plus.
LGL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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