LNC
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0.00% 99.5¢ linc energy ltd

shorter's paradise at moment., page-7

  1. ahpigsy
    5,696 Posts.
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    19/04/12
    09:41
    Post #: 10003121
    If anyone is thinking that LNC is out of the woods and is now uptrending because of yesterday green day (thanks to the DOW) think again.
    On Tuesday 15% (no figures for yesterday yet) of the stock was shorted and it's my belief that the shorters will be trying again today. Market Depth, pre-open and the fact the gap from Monday still hasn't been closed all point that LNC may close under $1.10 today.
    LNC Price at posting: $1.19 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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