Although I don't agree with Jay on the presence of daytraders (a penny stock that rockets like this did yesterday and today is exactly where day traders play) I agree with the longer term outlook.
There is no reason for concern unless you are looking to exit in the short term. This is an opportunity to buy at a sizable discount that I thought mightn't come again so embrace it if you have any more cash.
I also predicted earlier in Dec that there wouldn't likely be an announcement before he end of Jan but I note that Bangs was announced on 13 Jan 2010 so I will not be caught out again. LYC was a Million dollar lost opportunity for me and this will provide a rare second chance that I'm grasping with both hands and all the cash I can muster
Cheers Flintstone
ADO Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
