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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Comment by Keeeet123on May 26, 2011 9:19am
215 Views
Post# 18627572

RE: Prediction where the news takes this?

RE: Prediction where the news takes this?Some of the candlesticks lately are showing a bottom is basically in. The market could have already priced in this news as if they are evaluating other proposals they have known about it for awhile and it could explain why the share price dropped so much below 25 cents...... That being said a lot of people dont rely on candlesticks and really it comes down to the way people take the news....... They say at the bottom alot of the selling dries up as most of the sellers are gone. I guess we will see. In the past the stock did not stay this cheap though for very long if it got here....... Also even if it drops further it would not take a lot for it to pop back..... Today might confirm the bottom. I am sure there are lots of buyers at these levels..... Like other posters I never thought this thing would come off this much........... The sky is the limit with this thing but really it all depends upon management ...It doesnt even look like the ended up going ahead with the IR firm that they hired awhile back....
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