Hi PAF, ...It looks like LGOV is holding pretty well around the 0.18 level. ..It would be my guess that many of the flippers are already gone since the rareified atmosphere at or above 0.18 renders most of them totally hypoxic. The old hands would most certainly have learned some patience by now, having been through the previous 0.08-to-$3+ excursion and Mendez-E/Pink routines.
You have to appreciate that with Dynamic Danny "..the Spackle King.." Mendez living off his Old Lady and answering the phones somewhere else these days, the previous "..Telephone Insiders-Pro Manipulators & Oh-So-Handsome Leakers.." are now flying blind. They probably still call each other on the phone, and work the MOMO a little - but 'Abysmal', like "..Sgt. Schultz..", would be of no help to them at all.
What the Longs are betting on now is pure Deng. ...And, that guy is obviously a maniacally driven, business-expanding, NatGas marketing machine. A true Chinese Dragon, IMHO......
I was real tempted at 0.16 the other day, but times change - and I have lots of other interests these days. I'd suggest that collecting on the dips is probably a real good strategy. The long-term trend appears to be decidedly upwards. With the exceptions of "..Hillary the Hack, Bickerin' Joe Biden, Tawdry Teddy 'Chappaquiddick' Kennedy, and Blusterin' Bobby Byrd..", it's getting damn tough to find herds of potentially gas-generating dinosaurs these days - outside the Beltway.
Good luck.
John :-)
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