GREY:LSTMF - Post by User
Post by
Systemtogoon Jan 14, 2015 7:37pm
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Post# 23320795
LTS on the uptrend?
LTS on the uptrend?Well I see sentiment is rather on the downside around here but I'd like to part with my 2 cents on LTS, for what it's worth. I have a certain criteria for buying stocks. That they a) have insider buying where the stock hasn't gone up since and it's the same price I'm buying in at b) the stock has crashed and c) the volume is relatively high while the price is in the dumps. I don't really give a damm about company research or chart trends for short-term buys.
My last three picks all made big gains within a week or two. CRK.TO bought at .13, sold at .21, banro bought at .145 sold at .205, and S.TO bought at 2.27 sold at 3.15.
Now LTS follows this criteria quite well. Last time insiders bought was in November and the stock soared within a short time afterwards. The only difference is that they bought in relatively light compared to last time. My guess is they are pretty sure it has hit a low but obviously they are a little worried about oil prices. They were too shaky to buy in huge not really knowing where the price of oil was going. I know a lot of people think that oil businesses are in the know but most of the small ones aren't, that kind of knowledge is way above their pay grade.
Conclusion: This stock will go up. The only thing that worries me is how long it will take.