linc is a good bye, page-23

  1. 8,036 Posts.
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    It still feels like something is going to give

    We have been Down to 59.5cents
    Then up to 88.5
    Now back down to 69 cents

    The asx overall is in tatters

    I understand the asx has dropped 10% in a month

    But most have dropped stocks have dropped 30% or more

    The AUD is down so this should have negated some if not all
    The drop in commodity prices

    Even gold in AUD terms is almost at a year high

    Zinc in AUD terms is up

    Oil in AUD terms is up

    Yet all these stocks have plummeted

    It is no wonder a stock with risks LNC is not popular

    The Question is are stocks going to soar once the Greek
    Election is over

    I am thinking it will take a few months for some to recover

    If the GCL deals is signed and delivered

    LNC will recover quicker than most

    Still 2 weeks till the Election

    It would seem the market has factored Greece leaving the EU
 
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