it is good, my fibonnaci projection from a few weeks ago showed we were going to be at $1.28 on Anzac day. its looking pretty good.
I still think this is being driven by day traders, but there was a 150k hit today, and there's been a lot of small trades at the same time likely from automated program trading, suggesting a fund manager(s) is buying in.
I know one fund manager who bought in at 70c late last year and then sold out at 60c a few months later. you gotta wonder what they thought they were investing in?
but then i can't believe that knowing what i do (which is the same that anyone else with an internet connection and a telephone can equally discover) i didn't load up at 50c back in january.
unflippinbelievable
LNC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held