TSX:LSG.DB - Post by User
Comment by
kingyahooon Oct 12, 2012 10:17am
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RE: RE: RE: .80's..looks like support is breaking
RE: RE: RE: .80's..looks like support is breaking I would not argue with you walter, but your reasoning does not make sense. A month ago, LSG was well above a buck ($1.06) and 54-week low was .74 cents. The world market situation is not good and one has to adjust accordingly. I sold what I bought yesterday and I am ahead, whether it is a penny. I also sold JAG at $1.10 and bought yesterday at $1.07. This is my style of trading during consistent volatility. I looked at Europe, especially France yesterday. Zero growth and people are losing jobs like crazy because factories are closing.
Now if you guys listen to analysts on BNN, Bloomberg, or MSNBC, you have to ask if they know much. Do you expect them to tell you the bottom is falling out? If they do, they would be starving too.