LNC 0.00% 99.5¢ linc energy ltd

jimako calls linc a buy at these levels, page-2

  1. 1,494 Posts.
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    Good morning all.

    Just like to make a comment on yesterdays close.
    There was a line of stock 3.5 M shares that traded at $2.82 yeaterday.The traders still managed to close the stock under $2.82 at $2.80.Totally disrespecting the buyer that accounted for 70% of the turnover.
    What this tells anyone that is in the stock is that it's bid for volume at these levels and the masters of the universe know this!!
    While i don't have a crystal ball I stress if you need to sell 1 million shares they will be well bid.
    LNC is very well supported for volume at these levels.
 
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