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Going_4_It

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Going_4_It

Re: IBB-99 post# 1996

Thursday, 04/06/2017 3:50:19 PM

Thursday, April 06, 2017 3:50:19 PM

Post# of 3390
I agree on "sleeper stock".

The question that I have is what caused the nice move up today?

Is it insider trading in advance of some unannounced development?

Or is it just trading related. The chart looks great:

http://stockcharts.com/h-sc/ui?s=LTBR&p=D&yr=0&mn=3&dy=0&id=p37850817469

However, this is the 5th day in a row that it has traded above the upper Bollinger Band. I don't recall ever seeing a stock continue a trend through a 6th day. Therefore, I am expecting a minor drop and a few days rest before the trend continues.

...UNLESS there is some significant event just about to be announced.

Then we're good to continue. All just my opinion.

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