Why the price spike? Was this seen by the chartists?
I'm no chartist, but today's movement was immaterial and insignificant. $21,000 of volume, and the price gain was attributable to three trades totaling 820,000 shares (less than $10,000).
All we can deduce from today's activity is that no one cares. LT holders are staying onboard and Les and company have quit dumping.