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"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

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L&L Energy, Inc. > Race

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Post by Tjpsimone on Jan 03, 2013 10:55am

Race

Werent you pumping LPH for the longest.....i was wary about $1...did not make sense....

I have always had my doubts, but had to take a flier here...in @ .52...price action too tempting not to play the bounce...down off a GeoInvesting Report....

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Comment by raceagainstthestorm on Jan 03, 2013 11:07am

All is as it does not seem sometimes, I always kicked myself for not trading that one, but again dodged a bullet, WOW I am very surprised, because that is way out of bounds.

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Comment by COO2002COO on Jan 03, 2013 11:08am

Is it halted now? I don't see any trading activitivies now???

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Comment by cybertron8 on Jan 03, 2013 11:13am

wow. lph down 75%. 12 mill volume. yes TJ it is tempting to trade a bounce, but what if it is halted or goes to 10 cents?

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Comment by raceagainstthestorm on Jan 03, 2013 11:26am

Ten foot pole rule.

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Comment by Tjpsimone on Jan 03, 2013 12:22pm

Keep in mind LPH is down off a GeoInvesting article. Stock wont go to 0 based off that; company will have a chance to respond. Small trading position 40K shares. Race, as you were selling this morning, i was buying LLEN @ 1.90...thanks...

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Comment by chsharpei on Jan 03, 2013 12:52pm

TJ: What is the likelihood that the following as posting in SA article is fact: 'LPH has eerie ties to Ming Zhao and Puda Coal Group ("PUDA") through its Zhonghe and Huajie facility acquisitions. Investors may remember that Ming Zhao was the mastermind behind the massivePUDA fraud that the GeoTeam uncovered - a fraud which Ming Zhao tried to conceal with a bogus private ...more

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Comment by lutherpstr on Jan 03, 2013 1:29pm

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Comment by raceagainstthestorm on Jan 03, 2013 1:42pm

Got rid of all LLEN, as NEP, LPH and LLEN could all be in the same basket, time lapse photos could be the nemisis. But fully expect all including baidu to be suspsended soon..SEC/ACCTing in china records/proof will need to be verified, LPH will just Fuel the SEC decision on rto's. What a waste os time buying this dream.

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Comment by cybertron8 on Jan 03, 2013 2:10pm

DC...i was in lph for a time but switched it all inot llen. but, not too long ago i was regretting my decision when lph was doing better overall at holding itself and had not fallen as much as llen did because of the gvt halting llens mines ect. however, now seeing this, ...well you know the rest., lets hope our USA run china makes up for all our loses. one thing, i dont trust any short-seller ...more

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Comment by Tjpsimone on Jan 03, 2013 2:26pm

DC- Sorry to hear about your bad luck in LPH. I hate losing money, and hate to see others losing money is this manner. One of my RA's bought this to my attention this morning, and I took a flier based on the excessive fear in the market, and the value of LPH's potential assets. The article is not a surprise...follows the regular mo....a few of our "U"sual suspects have been on ...more

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Comment by Tjpsimone on Jan 03, 2013 3:02pm

Sharpei I am not sure if the Ming Zhao rumor is true, or not..I guess its up to company to address...not sure how it would even materially impact..... This issue was raised 6 weeks ago....at the bottom of a Seeking Alpha Article touting LPH by a very familiar poster..so i sensed that somone was working on a negative article; even shorts tip their hands at times...

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