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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. > Now would be a good time for insiders to buy

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Post by ChinaStockPicker on Sep 14, 2012 10:29am

Now would be a good time for insiders to buy

I'm surprised at the weakness here again today- thought we'd be up.

If this continues next week I'll be adding shares. Trying to get more Dec. $2 calls now also.

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Comment by chsharpei on Sep 14, 2012 10:53am

I posted on 'Y' board (Tuesday, I believe) that if there was no follow through we would retrace. I have an order in at 1.87, or whatever is the 50DMA as I think we will retrace to the 50DMA. Sharpei

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Comment by Cool_Scirocco on Sep 14, 2012 11:57am

I wouldn't be surprised if some of what we're seeing is insider and company buying, with someone using algorithms to drive selling volume into the hands of the waiting buyer, who will then transfer the shares to the insiders and company. We'll know in a couple of days whether insiders have bought (due to form 4 filing requirements,) but we'll have to wait until the next report in ...more

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