IMO we will need to see a follow up of yesterday's "action" to indicate that "something" IS happening. We've seen these one off spikes before that just died away and we must remember that it was the 42 million shares that went through with those TWO sales in the morning that triggered off a multitude of trades for much lower amounts, obviously from traders chasing the money, that maintained the momentum throughout the day.
We need to at least see those .006s cleared and further strong volume with large trades and not just punters, before we can say that we have probably turned the corner.
Of course, the company can do the right thing and TELL us if anything is happening. Too much to ask???? GLTA.
LNY Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held