InvestorsHub Logo
Followers 5
Posts 1400
Boards Moderated 0
Alias Born 10/28/2011

Re: None

Friday, 02/08/2013 9:59:29 AM

Friday, February 08, 2013 9:59:29 AM

Post# of 74798
From Michael Stone: I'm betting the farm that LVVV bounces off the .10 cent level where it closed yesterday...

...You might be thinking (WHY) am I so confident regarding LVVV

Here's the deal:

This is "only" my opinion, and also the opinion of others in the chat boards. However, it makes sense!

On December 13th, LVVV announced they were paying a dividend.

Basically "Shareholders would get 1 FREE share for every 5 shares they owned"

Leading me to...

Why did we see big gains this morning, then heavy sell side pressure?

Again, this is just my theory. What I think could have happened today is shareholders finally got there FREE shares from the dividend.

Since they are FREE with literally NO cost basis why not sellinto heavy volume while you have the chance?

This is why I remain ULTRA confident in LVVV and continue coverage betting the farm on the $.10 cent level!