Hi MLV, hope you are well. Not looking good here imo. I hold...

Hi MLV, hope you are well. Not looking good here imo. I hold some but not many. Got stopped out at $3.40 in Sep08. Used to have a large holding (by my standards) here but would not get back in until... well, do i need to state the obvious? Plenty of other determining factors here also, GTL plant etc.. SA ??

I think $1.32 will pull it up but probably won't get that low? Market heading north form here imo with DOW to reach 10500. In saying that we have all seen LNC struggle even when market is moving up so if $1.32 does not hold $1.15 shuld be st bottom. No point selling now MLV as any real sniff of coal sale will prop it up from these levels. I personally would use it as a chance to get out once it happens.

Ps - What ever you do do not take b212's advise on this one.. IMO

10 month daily chart