LNC 0.00% 99.5¢ linc energy ltd

As long as you can keep taking profits you will get very...

  1. 2,851 Posts.
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    As long as you can keep taking profits you will get very wealthy.
    I've just sold 75% of my holding as I'd rather wait and see what happens.
    Clearly there is a lot of short covering going on.

    It may well keep going up but it will need some positive announcements soon to hold the rally.
    Also the next quarterly report will still show negative cash flow which may spook a few punters.

    I'm still holding a few and will buy more if it corrects so either way I will win. I'm happy winning 2-0 rather than 5-0 as its still a win, its much better than losing 5-2 and getting relegated.
 
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Currently unlisted public company.

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