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L & L Energy, Inc. Message Board

  • greenwich301 greenwich301 Jun 25, 2013 11:32 AM Flag

    Russell is the reason

    the shorts know they only have so much time to cover and that is a few days. With the market down yesterday they are using this as their last ditch effort to bring the stock down. Next week we should see some big up moves that actually last!!!!

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    • Doubt this very much...as a LONG long....I suspect this has much more to do with other factors....the the least of which being...

      1. Coal is very much out of favor
      2. China is very much out of favor
      3. Uncle Ben's comments resulted in folks running out the door in regards to stocks
      4. Folks are pounding the table regarding significant risks with China
      5. The "audit" some jawboned is not an audit but a "review" of their books
      6. Being added to the Russell will mean the short position will probably rise
      7. Finally, these stories such as the one today about the CEO being held by his own workers does not help.

      Given our rise, recently, and given all the above....we could very well fall to the 100 day....or even 200 day rising moving average before another move up. What we need is some REAL NEWS on some of the above issues as well as from the company so we can begin the move up. UNLESS OF COURSE...there are some larger funds who were waiting to get into LLEN because they are an American company....because China needs coal....because they know some of the above points are jawboning and action WILL be taken at the right time to address these.......in that case....once they start to buy...it will jump and others will also then jump in.

      YUP...S T I L L....holding.

      Good luck,

      DC

 
LLEN
0.050.00(0.00%)Mar 5 3:25 PMEST

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