LCK 6.06% 17.5¢ leigh creek energy limited

LCK Price, page-481

  1. 159 Posts.
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    You mean "Buy the Rumor - Sell the Fact" syndrome? Well for what its worth I recon the shares will top out at $0.35c after which profit taking sets in. Once the sell side gets loaded it will feed on itself. A retracement back down to 20c level after initial peak is on the cards.

    Once the sellers have been washed out I expect the true believers to step up and accumulate on evidence a bottom has been found. Further updates by management will support the share price and drive it back to new highs.

    Of coarse I could be wrong and it fly's to the moon but have been around for way too long to see similar stories fall flat in your face. You cant go broke taking a profit as my wife keeps reminding me. Crystal ball gazers might have 60c to 80c in their sights? Will need further updates to reach those dizzy heights imo. Still a spec stock - not STO or BHP.
 
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