Dark Meat,
This stock is far from being a momentum play. It is one of the most solid developing companies in the industry. They have verified several Billion dollars of assets in the ground, and have signed a contract with the largest farmers cooperative in India to sell their assets for many years to come.
Legend also has abundant Uranium on their land holdings and have announced to the world that they will spin off shares of a Uranium company one day, delivering shares of the new Uranium company to all registered share holders.
Once the stock transitions to the Amex (due to happen any day Now) the stock should attract additional commercial investments that will bring it close in line with its' real value of 8 to 10 dollars per share.
Good luck to us all.
Best Regards,
Phophate king