Hello my Friend~~~
I don't like $LIGA at current trading phase simply because it does not correlate with the strategy I trade with when it comes to OTC penny stocks.
I'm not fully informed on it's latest news/events, so I will just give you my opinion based upon other things such as latest technicals (referring to its latest run up).
$LIGA seems short term overbought around .006's.
It has already had a major run up from .001's to .006's, & my thought is that it is overbought regardless of whatever news or events hype that may be in the works for it.
As my own rule developed over the years, I don't chase stocks that have had a major run up already & which much of the public crowd likes.
It doesn't mean it couldn't rise more yet eventually or in the longer term for a trend (& guessing on that trend in the OTC is just a gamble), but as a rule I don't invest in longer term trends or for news events to prop up a stock even higher when it comes to OTC penny stocks, which is my primary reason I'm personally not interested in it at latest movement phase with its overbought technical risk.
My trading strategy seeks oversold reversal candidates near all-time lows for short term trades which most of the public crowd does not like or does not yet know about.
$LIGA would've been more ideal a few months ago in terms of my opinion & strategy I that apply.
That said, I will keep a watch on it if it pulls back much lower in the future.
If you do invest in it, apply a reasonable low risk amount ($$$$) & wait for a pullback to enter in my view.
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