Recommendation, page-1058

"How this is now trading at under 7c is major concern and Red Flag "

I bought LTP a few months ago at 26c. Merchant's red flags must have been waving on the steadily falling sp. 34c to 23.5c in 6 weeks.




So much for those red flags though. After I bought in May at a near all time low of 26c, the stock is at $1.50 today, after less than 4 months. That's nearly a 5 fold sp increase despite buying into a falling sp and red flags. The best gains come from buying near lows Merchant, not buying near the peaks and then complaining that the stock is down 50% or more. You just need to make sure you have the fundamentals right when buying low. I'm sure enough with MNB's fundamentals for my own investment.