OTCQX:LVNVF - Post by User
Post by
mcintmaon Jul 13, 2016 2:51pm
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Post# 25049559
Displaying huge strength
Displaying huge strengthThought LVN was due for a pullback, but ran up on a bad PM day yesterday and tiny volume on the selling today, even given the recent gains, and now someone ate the 100K shares on the Ask like it was nothing.
Gut tells me that PMs are due for a pullback, but this buying tells me LVN is headed to $1 by yearend, let's face it the pros aren't buying a million shares in a risky junior for a 10% profit ... they see a near-term 2-bagger from the hi-40s - minimum.
Fundamentally, there is room for higher targets when Silver heats up for real. I still feel like this is the least well-known silver junior around, so future promotion can only help.
JMHO :)