That Overseas Xtrade is interesting. Someone is keen to offload...

That Overseas Xtrade is interesting. Someone is keen to offload and someone is defintely getting a good bargain @ $1.10.

In long term, I believe SP ~$1 is very good low risk entry given LNC has multiple portfolio of assets.

Support should be found around $1.10 until further news, or unless someone in the know buy in advance of an imminent news? With LNC, it tends to drift down further without news and once news is out, sell on open.

I wouldn't have shorted this LNC today as I didn't check the XTrade in the morning. Anyone made gains shorting LLC to make up LNC.

Today's trading seem to find support at $1.07 (Fri and today) and resistance ~$1.13. Once it break either way it'll be low risk to join the herds.

I'm expecting LNC to move up very quickly (whether it'll have a false break to low of $0.98 is to be seen). This should be the final flush out before next leg up.

Otherwise if LNC consolidate around this range $1.07 and $1.13 over 2-3 days, I'll be going long.

cheers
pcyc