GREY:LVNNF - Post by User
Comment by
Quixoticaon Nov 01, 2012 9:47am
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Post# 20549158
RE: We filled the Gap
RE: We filled the Gap There's definitely a tectonic shift going on in the shareholder base of LVN and as it plays out this stock is recoiling tighter than a truck spring. Once triggered the share price will seriously make up for lost ground. Silver usually rises in leaps and bounds and with LVN gaining $500MM in in situ value for each dollar move in silver then this could cause the stock to quickly reach its previous highs around the $2 level. I remember watching FR at the $1.89 range and knowing full well it was substantially undervalued. Too bad I hadn't bought - look at it today, what a star! I wouldn't be the least surprised to see the same scenario play out for LVN. It'll be like "deja vu all over again!"
As far as the trading goes this business of Merrill dropping 500 shares at a time is indicative of a some plan being executed - it's certainly not coincidental.