RE: What is wrong with this stock?-MillrightHey Mill:
Haven't talked with you for a while. I continue to be a big believer in LBE, but, I wouldn' mind telling you I'm a littele nervous. I would love to have the courage to buy more at these prices, but LBE is already 10% of my portfolio. And, speaking of my portfolio, I currently hold 21 stocks, more than half being Canadian mining stocks. Today 17 of the 21 went up, and 4 went down, including LBE, which went down the most. This type of thing has happened on many days over the last 3 months, and it is this kind of thing that makes me nervous. I'll certainly hold until the next quarterly results are out, and until LBE is listed on the TSX,. After that I'll re-evaluate my position.
I am, generally speaking, a long-term hold kind of guy, so I don't get too hung up on daily fluctuations, but it baffles me as to why, with everything apparently going for it, LBE is not at least inching up quietly on a weekly basis.
Just thought that I would share with you how I'm feeling. Any comments.
-- R.