LOM 4.76% 4.0¢ lucapa diamond company limited

LOM chart, page-880

  1. 169 Posts.
    Pointy, I figure that a chart is pretty much meaningless while the stock is still a spec. As you have noted, "One big announcement shatters all charts" and that is right on the money for me.

    So if you take that as a given, then the rise and fall in the stock is just a cumulative sense of how traders are judging the increase in prices/volumes of the alluvials. That has to be balanced out with the chance (and it is a very real chance) that a kimbo announcement would send the price skyrocketing. As for some comments "I am waiting for the stock to run down to $0.20" it just defies logic how a company that has increasing turnover and is discovering more asset all the time and it hinty pretty hard on a major announcement is going South. But that is how some traders are prone to read it.

    But hey, what would we know. We are not "astute investors". GLTAH
 
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