LPH: Long term, expansion is going to be good for LPH. In the interim, markets react negatively to financing costs but positively to news about how much money a new acquisition is gonna bring in, just look at the behavior of PUDA - up 3 bucks on acquiring 6 mines, down 3 bucks on the financing announcement, all part of the same acquisition plan that will ultimately help revenues in a year or two. LPH will be the same way.
Trying to profit from every quarter by which PPS goes up or down does add to profits compared to only making money on the net upward path. But now that everyone does that the volatility has become absurd and the fine line between traders and longs has almost completely disappeared.
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