RE: Big week coming17 Apr 2021 11:46
It sure is a big week coming.
Looking like wo camps setting up in here in readiness for next week.
One who argue that Al would be stupid to deliver another Investor Presentation without giving definitive data on LFT, either before hand or on the day.
The other side say that he has done similar before, so could very well do it again.
Since both arguments are compelling and reasonable it is likely to make for an interesting and perhaps volatile week ahead.
I have a foot in both camps right now, agreeing it would be poor form for Al to in any way to kick the LFT can down the road again. I don't believe the SP will react well to this.
I also know that I have used this theory before to justlfy my over enthusiasm that finally, the definitive final chapter to our "will we, won't we?" LFT story will be told and the new book of "orders, sales, revenue, licencing deals" will begin.
Unlike some here who seem to be absolute in their knowledge of how this week will play out, I have no idea and I would imagine most people are thinking similarly. However the outcome of each different story playing out is likely to be a big move in SP, up or down.
Good definitive final chapter LFT news and the SP most likely climbs hard.
No definitive news or just more wooly timelines and I don't see anything but a sharp sell off. It is difficult to imagine a middle ground scenario where the LFT still doesn't have a launch date, but is accompanied by enough positive vibe to hold the SP at these levels.
Investors with a lot of skin in the game, over leveraged or over exposed are almost certainly going to have to do some serious risk management this week to position themselves sensibly, with Tuesday likely to be a volatile day if no definitive LFT RNS has been released.
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