I agree with Nursery, the Greek financial failure is insignificant... Even if their economy was to fail it wouldn't be total default, Germany would see to that...
The bottom line is the International Monetary Fund (IMF) is sitting on well over a half a trillion dollars... Sometime this week an announcement will be made on a conditional bailout which will turn the markets back into full scale bullish...
It always happens... There is just not that much bad news out there... It's not like Japan, not like China's problems, not like the US debt limit or budget problems...
The interesting thing will be the seminar this week in Sydney... It could provide a catalyst that will return LYC to pre "crash" levels and even higher... The story is that good!!!... I'm sure Chi will have some good input, and I have been discussing some of these issues with him... He is unchanged in his bullish position...
LYC Price at posting:
$1.89 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)