LNC 0.00% 99.5¢ linc energy ltd

Hi Putt,My view has been pretty clear from the start. LNC is in...

  1. 381 Posts.
    Hi Putt,

    My view has been pretty clear from the start. LNC is in a very strong downtrend, and any relief rallies will quickly be sold into. Sellers are fully in control and this downtrend IMO does not seem to be reversing any time soon. I would be wise and stay away from Lnc for sometime, unless I see the trend reversing which IMO should be around $1. I see this selloff accelerating anytime soon.

    Cheers,
 
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