First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. I have been following LK for a while, and haven't got it due to the risk factor and how it looked like a huge dump to many people in the market. I wish I bought it however at the $2.76 price point, but opportunities are missed. A reasonable short target is $5, and it may even surge and surpass $7. This is one of these stocks that you have to be careful in regards to stability and risk. Greed can make you lose everything, regulation can make you lose, and the "market noise" is problematic. LK is a dime in a dozen and when stocks go down like this, a breakout call is imminent lots of times. The really good entry seems to be missed, but its on the list. Definitely seems like with mid to high risk it can be a long position, and it looks like some opportunity is there for a short profit turn over.
Comment:
Just to let you know after learning about the stock's history a bit more, I retract the statement I wish I bought it. I know the likelyhood of it is still gonna go up, but for the ethical reasons, I am wary of buying stocks in this category.