It’s pointless unless it’s for a specific purpose. It has been treading water trading now between 55c and 70c for so many months that no shorter would be bothered now entering to make any profit. It has been driven to this level a very long time ago and now stuck here. There can no longer be any other reason why it is being held captive here apart from the big fundies allowing for either orderly exit of shorts (taking forever if it’s that reason), or held here for a takeover offer at some point for the dimwit wanting to try it.
I say dimwit with all due respects because if you want to do it (if you are reading this which I doubt), you should have done it already! Or just p..s off because nothing less than plus $3 will be a sale. Do it or just leave it.
LTR Price at posting:
67.5¢ Sentiment: Buy Disclosure: Held
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