LNC 0.00% 99.5¢ linc energy ltd

shorts 10th march, page-2

  1. 115 Posts.
    I have never in all of my years of trading stocks,options, bonds,currencies,etc. been more perplexed by the sudden uptick in short selling of Linc. Everyone of us has owned stocks that have been shorted as we have been long the stock and in some cases, we chose the right path and in other cases, the shorts called it right and we sold out for a loss or had to hold on longer then anticipated for recovery of our initial investment as the stock tanked for a reason that us longs never saw coming.I can not find one reason right now why anyone in their right mind would want to short this stock at this time (and I have scoured every bit of information out there regarding Linc and even it's holdings in other companies) with the highly anticipated Umiat flow test about to commence and all signs pointing to a great result. The August referendum in Alaska regarding the tax breaks for the oil producers could be a substantial set back but that it a ways off. They say 3 out of 4 times, the shorts call it right. Although they who short stocks regularly have a bad reputation, they are in most cases, very educated on the ins and outs of stocks and are able to find access to information that may elude us longs. I can not for the life of me figure out what that may be in this case and hope we Linc Longs are the 1 out of 4 the short sellers called wrong.
 
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