re: slam dunk-hbg HBG,
sorry i missed your post earlier. I have been watching lhg for some time and i noticed after the current share placement was announced quite a few undisclosed orders appeared on the buy side generally just out of reach, and of course they had the affect of pushing the price up above $1.70, and then the big sell orders moved in and turned things around. Since then its had a few bounces but obviously nothing to turn the trend around and there's been consistently more sellers to buyers. With todays price action i think a few stoploss orders were hit causing the big sell off to occur.
T/a wise its way oversold now so it may bounce but time will tell. I think its a smart move to stay away from either long or short positions at the moment.
Cheers Tag
LHG
unknown
re: slam dunk-hbg HBG,sorry i missed your post earlier. I have...
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