so what is going on now with lnc, page-7

  1. fss
    689 Posts.
    This is exactly what you call a hangover - the dressing up is great, the anticipation is great and the party is not bad, but then the morning after its hell!

    As I see it, investors are factoring in that there's nothing much on the horizon until the big plant is built and that could take anywhere from 2-4 years. Plus the financial crisis and the oil price aren't helping, and we don't have $1.5b in the bank account despite what everyone likes to think.

    The price will likely stagnate for a few years, but won't reach sub $2 IMO. Even if it does, its a great opp. to top up! But I dont think its got the legs to reach $6+ unless theres a takeover or something. The real profits need to start rolling in before that happens.

 
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