LRS General Discussion, page-14787

Markets are often influenced by momentum. Stocks in a firm uptrend often tend to continue them. Stocks in a firm downtrend often tend to continue them also.

We've been in a firm down trend for a few months now - probably needs an actual catalyst before a new movement starts.

This doesn't mean there isn't confidence in the longer term potential of LRS, just means that humans like to stick within the herd, rather than going off on their own. Which ironically is the reason why most people don't make much money on the stock market. But is also the reason why anyone who can take an informed contrarian view typically doesn't much better (the most bearish LRS sentiment was at 22.8 cents on the day of our PEA 1.5 months ago. Anyone who took the contrarian approach and bought in then has done pretty well already.