RE: Tomorrow22 Feb 2017 18:49
Evening all, first post on here, im a heavy sound investor and prolific poster on the Sound BB. I feel very much for the LTH as this stock got hammered by the market when the RNS wasnt particularly catastrophic. If you look at this logically the news hit on Tuesday and the market reacted with a 53p drop in the day, they then opened the stock at 106p which instigated another downward spiral to the bottom at 88p. It showed a strong continuous recovery from around 10am to the bell at 4.30pm, yet today is still a red day.
I strongly believe that the strength of recovery coupled with the momentum that it showed since 10am and the fact that today the sp finished red, that tomorrow will see another rise, possibly 10 - 15p with a very strong chance of a blue day. The broker rating released around 11am by N 1 Singer with a "Hold" note and target price of 138p id very significant indeed.
Good luck all, i hope that there is recovery here short term for the LTH's and also an opportunity for other investors to get in now and catch the continued strong recovery tomorrow!