I have found that waiting for special announcements for any coys, more oft than not lacks execution on timing guidance. This relates very much to LNC from its past history, whereby holders for example have still not seen the second coal tenement sale, or anything on Vietnam, GCL etc etc. This can vary according to specific announcements like qtrlies for increased production, but again you rely on your thoughts being correct.
There are many ways to trade which would vary with Linc holders. That can include trading a portion on the swings, taking profits, and reducing entry price, or applying to other trades.
The other consideration is also to sell on the news, as many traders would do with plenty of supply. If you applied the news to the post yesterday by Bonehead, you will see there has been many good opportunities on the day (close well below the top for the day) or couple of days following the news.
LNC Price at posting:
$2.41 Sentiment: Hold Disclosure: Held
