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8,033 Posts.
566
19/09/12
05:15
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The sooner we get rid of the hangers on the better
Linc is a risky stock
Changing positions is fair enough when things change
What has changed with Linc in the last week
Funding has been secured
This funding means no Cap raising for at least 2 years
That is 2 years to get something out of UGC
That is 2 years to get oil to start funding projects
It is absolutely great news
7 million shares traded yesterday
I think shorters could have been sellers trying to keep a lid on the SP
If so they will eventually get the SP back to 70cents and start buying
Back slowly
If the shorts are covering I would think will will break 80 cents
Pretty quick
If it is a leak that something is coming then $1 is near
My belief is the funding is the reason for the bounce and the SP will continue to head north
I have faith that BKK is getting everything in place to get as many
Projects going as possible
To find negotiates out securing funding is crazy as is selling
At these prices
Loading up is my opinion
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