COAST IS CLEAR TO 80 CENTS....Hello Everyone,
A new high on strong volume is confirmation that this rally has legs and, we will be continue to move higher. There is no resistance until the 80 cent level. Look at the chart yourself, look at the volume.
Notice that LFD is dominating the volume charts versus VST and WZR. LFD is also it is hitting new highs:
LFD volume 5,402,792
VST volume 2,057,947
WZR volume 1,269,777
Page 27 of the corporate presentation shows that LFD has 39 KILOMETERS OF OIL in the ground, neither VST nor WZR can say this. LFD proudly says on its presentaton that WE HAVE THE OIL.
The new Seismic report due out in February 2011 will be a MONSTER increase in resources.
We are the only company that will have OIL PRODUCTION in Q4-2011. Investors always buy ahead of production, especially when we are speaking of material amounts of oil.
Vast will be announcing in 2 weeks NEW OIL DISCOVERY, which will ignite FIRE to LFD as it is same management.
Notice that the investors have clearly voted in the last week that LFD has tremendous potential.
I have become very wealthy by using a simple technique. I LOAD UP in material fashion on a stock, in this case LFD. I don't trade around the core. I don't sell for pennies. I allow the EVENT to occur. I am up 110% and have a goal to reach 700% to 1000% on LFD in 2011. In 2011, my target price is $ 4 per share.
Do not be fooled by the likes of good40, whom is paid only to generate conversations on message boards. He owns no stock and is not a basher. He is like a news reporter for bad events. Having him around means this stock is SERIOUSLY UNDERVALUED. Every message board needs some type of joker.
SOROS and insiders have standing buy orders for LFD stock at 65 cents. If they believe that 65 cents is a buy, then you are getting LFD at a steal price of 46 cents. Follow the billionaire and you will be RICH RICH RICH. Be greedy on this one as it is going to levels you never imagined.
I am curious to know if EOIM is repurchasing his 3.3 million share position. Any news on this front?
House 74 GMP must be firm connected with SOROS.
JMHO