The first thing I did when Linc shot up past $2 for the first time, was sell a fifth of my holding, which more than paid off my initial outlay (since I bought for 26c).
It seemed the sensible thing to do at the time given the inherent risk in the project from market uncertainty, commodities uncertainty, environmental/legal uncertainty, and the fact it's untried technology. Also because PB, while a marketing genius, is well known as a bit of a loose cannon.
I still hold the other 80%, and will continue to do so until boom or bust, because now no matter what happens, I will not lose money. I still have great faith in Linc and believe they will carry through on their vision, but it's no big deal to me if for some reason they don't.
I might respectfully suggest that others worried about their investment in LNC consider doing something similar.
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well i have reduced my holdings, page-17
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