InvestorsHub Logo
Followers 0
Posts 20
Boards Moderated 0
Alias Born 11/27/2013

Re: orlandofl post# 82

Friday, 12/13/2013 8:04:57 PM

Friday, December 13, 2013 8:04:57 PM

Post# of 208
2 up days in a row - now we could be in trouble - John Wright lots of additional insider buying - I think over a few million dollars of stock bought in the last couple of weeks - I hope he knows what is going on and that the prospects are good.

It is possible that traders are able to affect the stock price with the lack of buying, but if news gets better then I think we should eventually see buying.

And, may be the company would attract someone to buy it out at these levels - some other company could try to accumulate 5% before they have to report their position - I believe and these could be considered very good prices for a company trying to buy out LTS or just an investment.

Also, the same would go for a mutual fund if they did some heavy buying - they could try to accumulate while there is still selling pressure and people will still want to bail as it goes up to salvage some of their investment.

And, then there are people like me that will let it ride and see if it can go up and not sell it right away or maybe the shorts will make even more money, but I think the shorts could make money going the other way right now if Wright is right. They could make out both ways and then short it again once it gets to a much higher level.

I'd like to see it keep going up - back in the 6's would be nice for January.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.