Inflation is on the way (the banks are forseeing it by raising their fixed mortgage rates). Some are suggesting using oil or the yen as a hedge against inflation instead of gold. Oil is going to go up big time again sometime soon (but exactly when is the million $$$ investing question?)
Anyway some of you seem surprised that LNC has 'once again' demonstrated that they cannot commit to time lines. Talk about stringing investors along (and traders LMAO) with these announcements....geez! What did you all expect?
Again why did LNC raise $27M last year when they announced the sale of teresa? What did they know way back then?
Can you honestly trust LNC? IMO the main concern is, When they do get some money will their budgets blow out? Can they stay with-in budget? Will they need to raise more money again because they don't seem to be able to deliver on-time.
But PB looks like a trust worthy guy and keeps his investors up to date, so you all have nothing to worry about right?
LNC Price at posting:
$1.99 Sentiment: None Disclosure: Not Held
