TSX:LSG.DB - Post by User
Comment by
jimylegson Jul 31, 2014 11:17am
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Post# 22798563
RE:Can't seem to catch a break
RE:Can't seem to catch a break that's an unusual feeling given the price of gold is up about 8% YTD and LSG is higher by over 100% and is only .07 from it's 52 week high. You'll have to get used to much bigger players having important information before the rest of us and being able to build and unwind positions before the retail investor gets any news. It's not unusual for shares of even the biggest and best companies to back peddle after really good results as share prices are based upon future expectations and not so much on last quarter or YTD. These results were pretty much well known so in the absence of new/stellar news, there could be some consolidation before moving higher.