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Message: Chart is bleak.

Definitely testing the $24 support now. Worst case the 200MA is now not far off at around $23.30. During the dip last summer we slightly broke through the 200MA and then followed it a bit before going back up. If the geo-political climate continues to be uncertain, I wouldn't be surprised if we see a similar scenario play out in the short term. Still lots of runway for the big late summer catalists. Hopefully we do get the bounce here, and logic starts to prevail again over fear, but we shall see. I believe earnings is coming up as well, it would be very nice of evans to use that opportunity to give some assurance to shareholders that the potential spinoff will also be beneficial to shareholders... 

On days like today, I think back to those posters that once in a while popin saying: "Wow I sold LAC at $10, and look at where it is now!". Days like this create people like that.

 

Good luck everyone!

 

Elithx

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