Wishy washy..yep.. always has been..Im not so intimate with the...

Wishy washy..yep.. always has been..

Im not so intimate with the stock as I used to be. So far everything has been a lot of talk which is the way LUM has been from day one. The profit and loss statement never matches all the hype.

In the past with the Australian signs the quarterly reports didnt even come close to what the projections were for those signs.

Also family selling stock and now the director leaving could be taken negatively (but may not necessarily be).

Id consider reentering if they still had decent cash and went sub 15c. Otherwise the downside is too much.

I expect since it closed near the intra day low it could test the 20's but maybe bounce back to 31-32c by end of day. I think the trend will keep going down to 21-23c and then do a bounce back up to high 20's to low 30's. Should settle around 20c and its future from there will be determined by the quarterly reports and/or rumours + ramping etc