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Tuesday, 08/11/2020 8:17:46 AM

Tuesday, August 11, 2020 8:17:46 AM

Post# of 872
Monday there were 5 purchases of over 166,000 shares of this stock that has an average daily volume of about 100,000; that suggests that they were not random retail investors but rather people "in the know". Since LSCG stock is something you have to search for or be tipped off to rather than stumble across, and this Senior Living Community has dozens of similar properties nationwide, my thinking is that some of the people in upper management jumped on board. Let's say the VP of Sales made his presentation to the big wigs, then in a private discussion with them quietly said "Our stock is dirt cheap right now and something like this will really make it pop" (wink wink). Naturally they're going to buy a bunch of it. I don't know if that actually happened but I do know the lighting business as I've been in it for 30 years. Anyway, this makes me think to watch the volume... if there's a lot of volume then they're spreading the word and the stock will rise, but if the volume drops back down to average then they're keeping it quiet and it's going to settle down until something else big happens.