I find the VectorVest relative value indicator the most valuable tool when focusing on stocks in their database. It has never let me down except in an all out market meltdown. Right now it gives LBMH a value of 3.13 which on the surface doesn't appear to be very bullish. However they give it an extremely bullish relative value of 1.53 which in their system is telling us it has lots of upside and plenty of room to run. Relative value of an individual stock can be scored anywhere from zero to 2.0. The highest relative value I can currently find in any stock is 1.66. That is for UVE which is currently the highest rated stock in their database. They got me into that one as well as several others at the present time.
Take a look at what's going on in the plains. For early season cold this will be record breaking stuff. Only a matter of time until it seeps into the major population centers of the mid west and east. In the next few days Dallas, among other cities will break long standing records for December cold. Records that were set much later in the month. This was out there for all to see. That's why natural gas has had such a dynamic run recently.
Brutal cold just entering the country has a lot to do with it. This could be a winter to remember. In more ways than one.
This is very impressive. I started buying this at 8.04 on 11/18. Kept buying it until 9. Very impressive return for two weeks. I use VectorVest for some of my decisions. Right now UVE is by far the most highly rated stock in their data base. Won't fight the tape as long as this continues.
The last four trading days haven't been pleasant, but like it or not, this stock, due to its very thin float will continue to be extremely volatile at times. In reality, nothing has really changed since this decline began. The news flow during the period preceeding this decline was very positive and should continue to be moving forward. The stock got ahead of itself and the reaction to that has been over done. I believe the selling is now almost over and the future here is very bright. Just look at the facts and don't be overly concerned by some of the idiotic posts you read here. Put those worthless posters on ignore and you'll feel better. There's been some technical damage, but that will repair itself. Soon this will be a distant memory as the stock price starts its recovery.
The thing is with this is, you shouldn't wait till it runs. A month or so ago, it stayed around .26 for a long time.
That was a great time to accumulate. Then it ran to .30 and dropped back to mostly the .28 area for a good while. Another great time to accumulate. Now running again. Still cheap, can't really fault anyone for chasing. You either believe or you don't. Fill your tank and then sit back and watch the game.
My sources tell me a double dillution is coming, followed by a triple dual reverse split. That should decrease the float to under 700 shares. That's all well and good, but don't try to pin what happened to Timmy's parent on them.
Hey Gary, it looks like you created a new ID today. Just brilliant! Pathetic clown.
I found it on VectorVest as well. Their system is not picking the LBMH trades today because of the move. Another one that I own which is very highly ranked by them is ERB. That will grow into a monster.
No doubt, it's a lot more risky to be out than in. With the sound fundamentals, there is now a strengthening floor forming below current values. I believe the downside is limited, but sharp short lived moves down are possible. It's a different story for the upside. Plenty of room to run and run hard. As doctorsnow has said, it's just a matter of when.
This stock is like a bucking bronco. The small float allows it to make exaggerated moves both up and down. The uncertainty surrouding its near term movement on any given day make it a hard stock to trade. What is more certain is its long term potential to appreciate, and to appreciate sharply. So rather than get hung up on every tick like our less than astute friend Gary, it's best to be patient and watch our investment grow and use any pullback to pick up additional shares if desired. To know how to wait is one of the great secrets of success.