OTCPK:LLEN - Post by User
Comment by
raceagainstthestormon Dec 11, 2012 4:27pm
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Post# 20715412
RE: Two mistakes caused this down day?
RE: Two mistakes caused this down day? Would like to believe that, but on a 400k day, it was still a short controled bid/ask....the mm is alowing the shorts to control everything just for the business. Period. The CC was a nervous wreck, I have never heard the officer stumble and stammer so much as Fong did. I did sell 50% of my position as there just is no reason to hold that many shares with such poor interest on the buying side(increasingly hard to get in and out of this stock, which is a bad sign to me), shareholder value is not at the forefront currently as management is using the SP book value as a bargaining chip. Secondly the chart is not supporting a move up, either there was a fair amount of short covering today, or new short positions were established, and it seems by what Fong said as if Yes we should get the story out....really - They have not even been infront of any buyers.
Not very impressed with management right now. Will liquidate remaining shares in next few weeks if the mm lets it rise.
Wish archer would have asked where the insider buys were at this PE....moving to another Target will let you know when all is complete. This will be a safe and a strong play around 1st week of Jan.- good sp to get in on...
GLTA