LNC is up 10% today so far - Woo hoo! :) Based on my analytical horizon of 12 hours and the scientific principal of "what comes down must go up"... my technical analysis is that if this trend is continued, the SP will be $2 in a couple of weeks.
Also if (as is speculated elsewhere) a joint venture could be done between LNC Teresa coal and the BHP coal mine, where the complimentary nature of the assets makes the whole greater than the sum off the parts (for divestment), and the Ak JV is announced in the next couple of weeks, this should support the SP as well. IMO DYO of course :)
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$2 is no far
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