sabretooth_conceptually_ you have a point
i remember those blue sky joke stocks well
however, there is a difference, in that Linc, and other resource companies, have stuff in the ground.
your exact same argument could have been leveled at fortescue, as it could any exploration and development stock.
i agree that on an intrinsic value basis- free cash flow/ earnings, it doesnt stack up, but i have a portfolio of those (yes peter P its true)
Linc is a different thing, as are resources generally
why not spend $2,000 and fly to china and feel whats going on.
all you need to do is go to shanghai, sit on the bund and you'll pick up on whats going on.
and thats just china. never mind india
- Forums
- ASX - By Stock
- LNC
- one of the best shorts of 2008
one of the best shorts of 2008, page-4
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales