daytraders must be at it again...., page-5

re: why why why why ???? Its really quite simple Privacy, someone else was saying how good they where a while back, around 30c I think and as I said at the time, ....
LUM are sitting on a good support level, will it hold or not? time will tell (it did not!)
LUM are locked in a solid downtrend trading well below the 30 week moving average and ithe 30week ma is sailing South, so will require time and a lot of work for it to look as if it will turn around.

Have a look at the chart, many would have been buying around 29c support area expecting it to hold when it did not and it dropped to 20c a 30% loss was their lot in life. So as soon as the price rallies to near their buy in they take this as an opportunity to grab the money and run.

Cheers