Long term Buffet style LVT has only one way to go, and that's up.
Short term, shenanagins galore, can be up down sideways. This stock has tortured me enough over the last 12 months, whereby now I am not sure what the snuff is going on.
BOD has a chance if they communicate properly to lift the SP towards 50c, even 60c. More deal announcements please. But I'll believe it when I'll see it. We'll see next few trading days. But a pullback to retest 25c, not without a possibility. I was contemplating a retrace towards 21.5c this morning, then the announcement hit. It looked dire just before. I will top up at 21.5c, if it gets there, or thereabouts, unless it's a runaway gap - super rare..
Don't be fooled to think that it will zip past 35c; if it does, it is a miracle or due to TO. There will be a barage of selling there.
Anyhow, the goal used to be to get to 100,000 LVT, now the goal is to get to 400,000 LVT.
Meanwhile, LVT is making an old man out of me.
LVT Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
