I have been watching LGL for a while and in and out making small profits and I like the stock very much but I must say that this stock moves very slowly in comparison to POG or other stocks such as BHP or NUF or MQG and others that move 4% or 5% per day so to make bigger profits using the same amount of money I would look somewhere else. It is like watching grass grow and you lose time and other opportunities getting stuck in this stock in the meantime BHP or MQG and others racing past you at 4% or more and you wished it happened to LGL. POG looks very strong and it looks going to 1000 so when it hit 1000 or more LGL is likely to make big moves of 4% or 5% I like to use LGL as having defensive stock against inflation which is going to be here sooner or later but making quick moves I would rather be somewhere else. DOW is moving higher POG is moving higher and $US moving lower interesting to see in the short term which one is going to win as they can't go higher all at the same time but what do we know in the market anything can happen.
Cheers and all the best to those who have patient, time and money to wait LGL hitting $4
LGL Price at posting:
$3.31 Sentiment: Hold Disclosure: Held
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