Logiq Inc (LGIQ)

[SuperC]

STOA, steady rise for approx. 4 hours til close Friday. Not a strong close at EOD but a steady, slow, deliberate-climb.



Unlike the OPEN drop in approx. 1.5 hours

This [steady climb into the close], tells me we have stability until more information from the company is provided. No it won't be a run this week but consolidation.

Not a trading week, imo.

The most important factor out of all current DD is of course the LOC Letter of Commitment http://globenewswire.com/news-release/2011/11/02/460302/236848/en/Sitoa-Global-Receives-Letter-of-Commitment-for-10-8-Million-in-Funding-From-Strategic-Partner.html
I was told by a very good source this is still a 100% go.

I am sure there will be more information provided this week too assure us we are on the right track while heading into a short-term position, with a long-view-view once we have more information.

Again 2nd half trading session on Friday, steady rise and continued..... was one of the best signs we could have for stability going forward.

But.... if you are one of the ignorant investors who decide to sell on low volume day this week, you know the deal. A stock may go up on 5mil shares and 500% for example. But if you try and sell once volume dries up, you'll not only harm the stock price considerably, and too... you'll NEVER receive the shares you've invested return to you the same no/low volume day.

Should be an excellent week for consistency and calmness :)

sc