I hold no particular brief for LNC but be aware that the performance of the 3 main UGC contenders against the Allords has been similar for the month proceeding (and including) the close on 20/06/08. If you read the request for a trading halt you will note that LNC are currently attempting to fast-track future financing arrangements. Maybe success in this endeavour will help drag the hare back onto the track following its crash through the inside rail on Friday. If LNC are not successful here I'd be expecting some of the downdraft to wash over CXY and MEE.
Relative performance of CXY, MEE and LNC up to close on Friday 20/06/08 compared with XAO since XAO's last swing high (19 May 2008)
CXY +31.4% stronger than XAO LNC +37.1% stronger than XAO MEE +37.7% stronger than XAO
jmo dyor
LNC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
