LNC is in negotiations with a MAJOR deal... in the Worst market in 75 years... damn people... of course there are going to be delays... Im hoping that the LNC sp can fall, and slowly, so I can get positioned later this year... In all respect... current shareholders would really want as much pain with this chinese deal as possible, so they can average down, as the leg up over the next few to 10 years looks strong... LNC has a path to $100 per share... (based on 1 million barrels diesel per day)... no bull... disc, I do not hold...
LNC Price at posting:
$1.99 Sentiment: None Disclosure: Not Held
