I'm hoping Friday will be the start of a wonderful road to price appreciation. I'm anxious to hear about the new wire business and see the what the expenses are looking like. Otherwise, I assume their standard rod, anode wire business is moving along.
Anyone have a guess why McBain and Gruber transferred shares from their fund to themselves?
Stock price of LIWA is in the hand of hedge funds community, if Strauss & Clear Harbor stop dumping their combined 1MM shares and other new one are buying, and if some good news besides blowing out earning and revenue this Friday, day traders & others will flock in for a trade to the upside. Look at XIN & EJ the past 10 session, now is FTEK, TRIT & LLEN.
Earning report is Friday also means some long or short might get out pending what kind of conference call CEO is giving, LIWA traded 460,000 shares on last conference call (11/9/12).
Issuance of 2 pending patents.
Opening date of the next smelter.
Possible contract inked on CCA wire.
This is also a 10K filling, Sabin-Oxley compliance, audited financial statement & SAIC/SEC reconciliation report in play. Also LIWA adds another year of exsistence as US listed stock since IPO. I am into LIWA because I have enough evidence to conclude and believe LIWA financial records are real, and if you do, we just need patience for LIWA will give us another $5 - $15 upside in 18 - 24 months from now.