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Bullboard - Stock Discussion Forum LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."

TSXV:LVL - Post Discussion

LYNDEN ENERGY CORP. > 52 week high
View:
Post by brnt999 on Sep 11, 2012 4:44pm

52 week high

A new 52 week high. I wonder if something is cooking in the background?
Comment by zadman on Sep 11, 2012 8:43pm
That's my guess based on volume.  You could discount a move like this on 100k shares but 3 million?  If you wanted to build a large position, why not just ease in over several weeks at 65-68 cents?  Somebody knows something, be it a well result by LVL or neighbour, asset or outright sale.  News tomorrow AM is definate possibility IMO.  Regardless, the price ...more  
Comment by PhilTX on Sep 11, 2012 10:25pm
Do you think the price/volume action today has anything to do with this website's PR on Lynden? I coulnd't find anything original on their site about Lynden, they just said they are initiating coverage. https://www.istockanalyst.com/business/news/6035021/lynden-energy-corp-and-alderon-iron-ore-corp-under-current-evaluation
Comment by Pandora on Sep 12, 2012 1:13am
you can consider me and my typical luck as the reason for this sudden change. I bought in March at 65 cents. Watched the price get dumped and slowly build back up and level off. Very little action so I finally decided ORT might give me a little more action to the upside. I put in the sell at 66 cents and in less than an hour it jumped 8 cents on over 3 million shares. I know my luck and judgement ...more  
Comment by Pandora on Sep 12, 2012 10:41am
Don't know what went on yesterday but it was way out of character for LVL and here we are right back down again. A little emotional outburst from me yesterday because of the timing of the events taking place but as it turns out at this point there was nothing to it. My apologies for the rant.
Comment by zadman on Sep 12, 2012 6:03pm
No need to apologize Pandora.  I feel the same as you most days.  I haven't traded LVL, but rather have elected to hold and ignore the short term moves because I see value at least double of the current share price.  Sometimes i wish I did try to flip it and catch the 5-10 cent moves but i'm convinced if I try i will be out when the big payday ...more  
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