Lnc is a stock that is an over play When it'hot it over shoots and like wise when it's not it undershoots! I'm a buyer today as I wanted to buy yesterday as it had a smell about it! I resisted and a large quantity changed hands at $1.18 today I woke up and thought ripper the markets down I buy Lnc at perhaps $1.10 ah bugger there's an announcement. Lnc opens I cant resist i buy at $1.16 then tell the broker to buy the balance at market on close. ( I'm not an Internet trader ) bought the balance at 121.5 averaged 1.187. Moral of the story happy to buy at these prices ! Why ? End of year coming and that means window dressing ! There is no way CS can afford the SP to be at these prices! Not good for their reputation! My radar tells me Lnc is over sold ! All those waiting for the Shah of Iran to buy at $1 ... Dream on! Investment banks do not operate in indonesia ( it's a third world country ) and not a financial centre. Im buying back what I sold in January at $2.00 Good luck to all!
LNC Price at posting:
$1.22 Sentiment: Buy Disclosure: Held
