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Tuesday, November 20, 2012 10:49:47 AM
What that means for any remaining believers is that LVLT shares will be seriously on sale over the next 5-6 weeks. IMO, LVLT shares are attractive at these levels, and I expect we may see $15 - $16 before all is said and done.
That provides 3 key opportunities. Long term investors can seriously average down their overall PPS bringing the light at the end of the tunnel much closer; new investors can get in on a stock with good long term potential at this very attractive level far below what current long term holders paid; and traders can laugh all the way to the bank buying down low here and selling up in the $22 - $26 range, which is a good bet given the normal recent trading range of the stock.
Food for thought.
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