GREY:LGLTF - Post by User
Comment by
britishcinnamonon Dec 01, 2014 7:24pm
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Post# 23183492
RE:Some perspective on LOY's recent pullback
RE:Some perspective on LOY's recent pullbackFinally, a smart post!
I saw this and have just been waiting for someone to post the obvious.
The TSXV has crashed horrendously and the resident morons on the board are crying about ONE stock.
When LOY hit $0.79, the TSXV index was at 1050. It is now at barely 700 and LOY is at $0.465. These are exactly the numbers that you would expect. Also, yes, I bought at 0.44 today. I was one of the lucky ones.
UHAK is a great purchase, the housing pilot project is a complete success at its current size, and LOY has lots of cash to spend on acquisition. Furthermore, the profit margin has improved quarter over quarter the entire year. I'm a proud shareholder with my head above water.