hpather
no offence - but i cannot stop laughing - so maybe there is a little sarcasm.
About 3 days back you posted a thread asking people about the intrinsic value of LNC - which you werent sure of.
Today you claim there is a bloodbath looming on this stock - for reasons only known to you. A friendly suggestion - if ever you are posting an opinion or a price target for example in your case $1.40 - it would be a lot more intelligent if you put in some sound theory behind your claim.
Measly pennies - 10c - which is about 6% of current stock price - HUH - you'd be lucky if a $5 stock pays you that kind of dividend in this market
i think if you "really" (emphasis on really) got out today then it wasn't a great decision. Thats my thought only though im sure you have your own reasoning which i would love to hear.
Fundamentally - I cannot seem to find a better positioned stock in this sector for a mid-long term investor - cash rich, asset rich, technology rich, and investor friendly.
Technically - LNC is in an uptrend with a classical stochastic crossover yesterday, RSI pointing north and sitting just above 50 and consecutive green candles.
DYOR
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- blood bath looming
hpatherno offence - but i cannot stop laughing - so maybe there...
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