buyer depth, page-5

The buyers depth yesterday was most irregular. I was watching with intense interest as at one point from memory there was 11 million shares on buyer side & sellers were only about 30% of this figure. This is extraordinary as it all happened in a space of a few hours. I have options in LGL & I consider something must be going on. Certainly gold looks like going up.

In regard to buyer depth I have observed that buyers exceed sellers often as shares rapidly rise. Then buyers withdraw & share price peaks. The opposite occurs when sellers are in control & price is falling. These are generalisations & I suspect not to be taken too seriously. Good luck holders of LGL.