Absolutely agree Suw. The response from VUL was excellent - but there are still likely to be some weak hands that will be scared into selling. Ultimately, the action that VUL has taken will limit the downside - both in the SP and the duration of any drop. I don't expect the likes of JCap, JL and those pesky downrampers trying to make some kind of link between LKE and VUL will even acknowledge the VUL response - as they are too one-eyed to do so. I honestly believe that they will not learn anything from this experience at all. More fool them.
LKE Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
