Anyone have any ideas whats in store for the stock in the near and long term? I bought it during that trip up and back from 32 and am down like 13%. Do you think the stock is just going to mirror the markets or is there any chance of new news or other events taking it back up. I am wondering if Id be better off someplace else when the market bounces back (hopefully it will) to get some larger gains. It seemed like there was all kinds of news and it was the breakout of the week when it moved, but now its been pretty silent. I probably should have sold off earlier, but am still learning investing and all the ways I can screw myself.
If I were you i would sell LCAV , and invest in a company called Novamed ( NoVA ticker) they have declined from 5.50 to a little over 3? share and have 10 straight quarters of earnings. No debt and cash on hand , recently making aquisitions that like lcav has done in the past , add immediately to earnings. I used to own lcav , took profits and decided to go with Nova....good luck
This stock is very volatile with a small float , so when new is coming out it moves up or down dramatically, hopefully with the new planned and additional offices being opened, it will generate more income and profit. Hopefully the next rise will take it above $35 and possibly $40. This is a stockplayers dream with the volatility, buy on dips and sell on new highs. Good luck