Too true. In fact the whole saying is very apt for LNY. The full quote is the trend is your friend until the end when it bends. The "trend" now is certainly a big friend with the price of gold PLUS the drop in the AUD (perfect storm), but, what WE really want to see is the trend in the market ending and starting to bend UP. Looks like we've caught the public servants in their holiday mood and might start getting some action next week from them. Wet season also on holidays?
LNY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held