I posted before open this morning, that there was virtually no resistance above 2.25, but this gain of 25% today is insane. It can be put down to the Trillions mentioned in a lot of media reports, and a follow through to new investors joining. It has jumped more today than its previous share price was in total mid last year. I think $3 is a bit too much to expect yet, without some news on Umiat or other, but I would like to be proven wrong. This has definately gone to a new rating with the publicity, and Oil production in the US assisting cash flow. $2.78 gap not far off now.
LNC Price at posting:
$2.76 Sentiment: Hold Disclosure: Held
