TSX:LSG.DB - Post by User
Comment by
ossyw11on Jun 16, 2013 9:11am
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Post# 21530198
RE: RE: RE: t.LSG is joining the rest of them....
RE: RE: RE: t.LSG is joining the rest of them.... Great post TA...I'm in the same position and me and my friends have been silently accumulating a very significant position as these joke levels.
Look at KGI as an example of the heard mentality. After a sky-is-falling meltfown to $2.50 a tiny bit of pressure on the buy side caused that stock to recover more than 100% in 4 weeks. The mechanical shorts reveresed their computer trading patterns and became buyers not sellers forcing the price back up. That one is not done as the squeeze has yet to occur.
LSG has not yet shown the market that it has turned itself around. At $1,400 gold its quite profitable. There will be interest when they have something to say and it will gap up with record speed. Add to that the acquisition premium that will be baked into the LSG stock price in the fall - its just too hard not to continue buying this one. JRMJ