TSX:LSG.DB - Post by User
Comment by
LexMark747on Aug 09, 2014 7:59am
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Post# 22824842
RE:RE:A Pull Back Is Now Iminent
RE:RE:A Pull Back Is Now IminentI'm also trading with 20,000 shares ....... My big holdings of LSG will not be played with until we at least get to the $10 range .... with that said I do not believe LSG will go to $1.05 ...... what I did say is that it wouldn't surprise me to see LSG go to the 50 DMA ...... each day that passes the 50 DMA climbs ........ I sold 20,000 shares @ $1.36 Friday and immediately put a bid in @ 1.12 which is 7 cents above the 50 DMA ...... from this point on I will be staying a nickel above the 50 DMA ........ that's my game plan ...... The reason I do not trade the bulk of LSG is because anything can happen over night and we are in the very early stages of the next leg up for the POG. So at this point I do plan on trading 20,000 shares off and on / in and out. So far I have been successful on 3 different trades. And yes, sooner or later I just might get caught with my pant's down on these 20,000 shares.