i can find no technical reason why LGL shouldgo to $1.40, as you...

i can find no technical reason why LGL should
go to $1.40, as you suggest.. can you give us
your reasoning..?

a look at the chart shows that LGL always trends
back to its 11 and 31 day EMA.. at present it is
somewhat below those levels and, as it is in a
clar downtrend, could continue lower, but should,
from a purely technical perspective, return to the
$2.40-$2.60 level in the short-medium term..

the gold price will go up and down, short and
long positions will move the price around, but in the
end the stock always trends back to its MA and
its EMA..