OTCPK:LLEN - Post by User
Comment by
Harcher2000on Sep 18, 2013 7:18pm
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Post# 21749915
RE:RE:RE:RE:RE:RE:RE:Update will come later...FYI
RE:RE:RE:RE:RE:RE:RE:Update will come later...FYIWasn't me. Looks like someone is trying really hard to push the SP under $2 before the options expire on Friday.
My best guess is that the shorts smell weakness and are taking advantage of the situation. One thing I noticed is the large fall we have taken since getting added back in to the Russell. I would assume that the companies who had to take a LLEN position because of the addition are leanding their stock out en masse to shorts in order to make extra money on it. I may be wrong but the chart shows a coorelation between the addition and the down draft. The volitility and volume has certainly increased. Makes me wonder if the trunaround will be just as swift to the upside.