Not good at charting. But the NAV is already $2.57 and with earnings expected to be in excess of $0.40, I think $3.00 in medium term is not excessive. Also the volume must exceed 2mio in order to see a strong momentum. This also depends if management moves it dividend in excess of $0.10. Suggest all shareholders attend coming AGM on Dec 23. Maybe management can drop some hints going forward for the current qtr ending Dec 2013.
Short-term, Latitude is very bullish. All sell downs are overhelmed by buyers. Now making an attempt to exceed the day high of 2.19. Infact while I am typing, it is 2.20
should be a correction. A mini shooting star showed today. The thing is, next friday is ex date with 6.5 cents dividend. Thursday should possibly the highest price this week.
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faberlicious
545 posts
Posted by faberlicious > 2013-12-18 17:02 | Report Abuse
Holy ravioli,seph.I just came back and 2.09 already.Bullet train this one.Leader of the pack.