Totally agree BBall, But there are traders out there who make a living trading off other peoples emotions. 30% profit rise in 37 minutes or even a day is a good return. These people will be trading with CDS so there leverage 10X so they have made 300% if they bought at close yesterday. Nothing goes up in a straight line and a pull back of 5-10% before taking off the next leg up is a possibility which means that if they played their cards right they might pick up another 50-100% for trading shorts in the next half our. I'm only talking hypothetically, but i am sure someone out there has a chart which shows this as way overbought atm and needing a temporary pull back before moving up to the next level.. Its all a game which i am no good at and thus i consider my self more an investor and will hold for the long term swings, which after 5 years of holding this stock i am finally reaping some big rewards. But even I at some point will have to make a decision of how much profit is enough for me to be happy with. I don't make money untilt the moment i sell it and it gets in my account.
good luck all, and give this baby some more legs to keep running :)
LGL Price at posting:
$3.96 Sentiment: LT Buy Disclosure: Held
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