GREY:LGVWF - Post by User
Comment by
roscoe74on Jul 31, 2013 11:29am
166 Views
Post# 21641428
RE:RE:Something is up.
RE:RE:Something is up.Something is down, again. I sold into the momentum but could only peddle 800 shares @ $1.38 into light volume. The remainder went @ 1.35 - 1.31. This is the second time I've traded LNV and I intend to buy my position back under $5.
The two big trades attracted day traders, not investors as the volume testifies. I am inclined to consider that a good second quarter will still not move the stock. Nothing will happen until AAV makes its move and provides some certainty to LNV.
When LNV has that certainty, investor interest must be attracted to provide the momentum necessary to move the stock closer to its NAV.