does not smell good, page-5

Greyhoundtrainer,

True ... I did hold it and have done so quite a few times in the past.

All I can offer by way of explanation for my caution is LGL's chart pattern and price action (compared to NCM's which is regularly making new highs). The warning bells sounded for me (as I have said in previous posts) when it failed to make a weekly close above $3.95 some time back - that's when I exited and took profits and channeled them (eventually) into additional NCM holdings.

I don't have any "hard facts" about LGL's forthcoming Q-Report .. nor do I have any concrete information which suggests a profit downgrade or associated mining problems.

All I have is LGL's very dissapointing chart and price action to go by --- and that often (not always) presages some bad news. I could be wrong; I could be right.

Hence the need for caution - nothing more; nothing less.

All stocks carry some degree of risk but in LGL's case (at this point in time) the price action does, in my mind at least, raise some concerns.

I do sincerely hope for holders that all is well with this stock and that the share price powers north - and, as I've said, when it's really back in solid uptrend via a weekly close of +$4.50 I will be happy to join the party.

Hope I have clarified my position for you Greyhoundtrainer - and I wish you well.