depends on how many have been taken up by the major shareholders
mugs like us have to chase after our brokers in the last 2 weeks to get any stock & that was when head price + options together didnt really move much higher above 1c, so obviously many have confidence of this one moving a lot higher than 1c
I think some will take profits, why not. I congratulate those traders, profit is profit.
but any weakness is going to be shortlived as market will show confidence when this one is fully cashed up & embark on an ambitious 2012 work plan
most importantly, I see momentum coming into this stock. one of the essentials for further movement north
id like to take some profits, but I think in this case I might just take more risk & just sit with my stocks
LOM Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
