A couple of analysts i spoke to were happy with the overall figures ( without getting to nitty gritty). They definitely didnt see it as a downgrade and have it rated still around the 85c-$1 mark as a target, without increasing it but see the company well and truly on track - I dont think this can roar away but will keep tracking up I personnally think just under 50c is great buying. There maybe a capital raise and if so fine but you can still trade the tock it doesnt mean its all over red rover. Im expecting it will be around 70-75c if Mr Dow behaves. I mean the stock rallied from 45-60 up 33% on a good technical break after some people suggested it will go below 40 a few weeks back and it may but you have to trade opportunities. Im worried if it breaks 40-42 but until it does ill buy in the 40's and sell higher up. Got a bit to play with from the last run. The trend has been my friend from the mid 30's after the low in the 20's - respecting support on multiple occasions all representing low risk buying. Its getting close again - around mid 40's if it gets theres it will be time to step up again. Dont be afraid to Trade !
LVT Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
