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LMA lacks support of placement holders
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hotstock
Veteran |
28-Jun-2007 18:46
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This wasatch is coming in and out of LMA. Basically the upwards potential is strong since he is forming some base at around this price. Should see it move up to 70c soon. Congrats all LMA supporters |
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KiLrOy
Master |
26-Jun-2007 21:49
Yells: "I buy only what I can see." |
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Wasatch Advisors Inc (Founded by Dr Stewart if I am not wrong) investment style is into SMALL CAPS with value & growth. |
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snoothie
Member |
26-Jun-2007 21:45
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Hikitty, They heard you. http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/00218d15c03141de48257306003c35bf?OpenDocument A small piece of news for all vested.  Looks like they regretted selling. |
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ten4one
Master |
26-Jun-2007 20:14
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Hi hikitty, You're rite on the spot! I don't think BB is interested in LMA 'cos not easy to 'call a bluff' as the 'kitty' is too small to arouse any interests. If the call is too big, retail Investors would cease that opportunity to unload. Therefore, the best way (may not be the only way) is to position yourself and wait for the 'showtime' and then unload. You've to play your cards right with different hands. Cheers! |
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hikitty
Master |
26-Jun-2007 18:04
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In 2005, most IPOs debut in positive territory. For LMA to debut in negative territory for such a long time is a smear on the reputation of the placement agent. Retail investors will not trust it again when it is the placement agent of another share. The BBs or manipulators will not be able to make money by their "flash in the pan" uptrend method which is NOT sustained. |
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hikitty
Master |
22-Jun-2007 16:51
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Hello ten4one Salute you for your confidence and patience with regard to LMA. Unfortunately born in 2005 and the debut was a non-event. In 2007, most IPOs listed in positive territory. God knows when the BBs or funds will decide to chase after LMA. . Don't any of them smell a good deal in LMA? Any insight? Still way below IPO price |
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ten4one
Master |
21-Jun-2007 08:27
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You're rite hikitty, as there're better playgrounds elsewhere. Don't worry, supports will come when needed to maintain its current px with a small increases each time - slow,but steady. cheers! |
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hikitty
Master |
20-Jun-2007 16:57
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Guess LMA is not moving north in a sustained manner due to the lack of support by the placement holders. Price dipping with low volume. When will LMA see the light of the day? Good fundamentals do not seem to matter in LMA's case owing to poor market sentiments for LMA |
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