OTCPK:LLEN - Post by User
Comment by
chsharpeion Feb 23, 2013 1:43pm
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Post# 21033234
RE: RE: RE: RE: RE: RE: Response to Race
RE: RE: RE: RE: RE: RE: Response to Race Hey Bar: I am not doubting what you are saying but I wonder if we are talking about the same time frame. I may be looking far more near term-as in earnings' season about March 11.
I could be in for a big disappointment but I am expecting more and better than we've yet seen out of this company in the way of earnings, executions and possible future moves. It would surprise me if we don't get a good move based on the report. I wasn't thinking beyond that. If the price then slides back down under $2 again it wouldn't surprise me, rather I would expect that will happen.
In Dec our earnings got us to $2.20. I was disappointed with that. We went up 70 pts from Nov 16 to Dec 11; Feb 15 we were at $1.62...I don't think it's out of the question to expect a similar move around Mar 11. It could put us at least at $2.30. I think we could go much higher simply based on the 'slingshot' effect which Bulkowski describes. Next stop likely FY 2013 (july 31) and so on-sluggish as you say. Coal out of season and out of favor.
Sharpei