Mate, the trend is changing POG is under pressure so people...

Mate, the trend is changing POG is under pressure so people should have taken their profit a few days ago as nothing goes up or down forever, LGL looks trading around $3 to $3.50
In the long run they will go up again, but there were plenty more and better opportunities in the Banks and Big Miners if the recovery in the market goes longer POG will go down more and LGL will go down under $3 again.
No body knows for sure when POG will go up again, it will just a matter of time, but to fall in love with a stock and forgeting the idea to buy it in the first place is a fatal mistake. There is a time to buy and there is a time to take profit, the way things go last week DOW seems to have settled down and a bit of stability is there so the bull at this point is ruling, for how long no one knows........
People are selling defensive stocks and the market is screaming to those who are listening to switch positions but it is always too late for some people.
LGL will go up again maybe tonight after the payroll data but hey no body or charts will tell you this in advance, data could go either way and if the news is good then DOW will go higher again and if that happens our market is going higher too so LGL will go down more, hey no body knows so we shall see,
Have fun and great weekend,

Cheers,