GREY:LGLTF - Post by User
Post by
BigPapaStockon Feb 19, 2015 6:34pm
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Post# 23445840
Outlook
OutlookGot in today after the share price bottomed out. I was waiting for this opportunity as I've been following this stock for quite some time now and can't figure out how the valuation is so cheap. The reason for the pulback in my opinion was partly due to fear, but also due to some investors wanting to take part in the private placement. The money is definitely being raised to take advantage of an opportunity. We'll soon find out why this money was raised, but I trully believe that this may be what gives LOY the legs it needs to reach new highs. Today's volue definitely brought attention to the company. I think we're in for a good day tomorrow. I'll be looking to average up and double my position. Hand on tight for the ride.