For those who has followed my blog, you know that $LRAD is my second largest position in my portfolio. After months of waiting, I believe my patience is finally paying off.
Today price action reflect a big up day with high volume. Since I’m holding this for long term, I like to think that today action is just the beginning. Future catalysts for more higher prices can be the “winning” of contract order from US Army, foreign sales to China (don’t you think China will need this technology to address their massive population?) and other countries who will soon find usefulness for LRAD technology.
The multi-charts below give you a better feel for the overall picture.
My 2 cents.