1) REITs up in US 5%, catching up here 2) Beaten up retirement sector finally getting some traction 3) Possibly banking covenant issue resolved - may be we will get an announcement soon 4) Technically speaking, very quietly, 15c resistance is truly broken now and TA traders are probably now buying up (expect some beautiful graphs tomorrow, ramping LLP up after they loaded up) 5) Generally, LLP was truly unfairly beaten up and a big holder selling a few weeks ago did not help at all. I could not believe I was able top up at 9-10c so recently. 6) Big mother LLC SP is rising, which helps too.
I will sell some if it gets to 20c, as it is getting to 20% of my holdings and it is against my policy to have no more than 15% of total in one stock. As I think this is a great long term stock, I will leave the rest for a bit longer, may be even for retirement (might just be enough to cash in for one assisted living unit with a view of a duck pond :)
Cheers
MLC
LLP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
