Trying to get a handle on why Linco, which has historically sold at a premium to LINE, has now gone to discount. Seems to have to do with the merger. Is it temporary, maybe a buying opportunity?
' I thought it was "making a bottom" at 13'
So did I. Thinking now it's tax loss selling coupled with those sick of waiting for it to do something besides disappoint. The management needs to execute and start making some money. Less importantly, but IMO it might help if they got a new spokesperson that makes the co sound like it knows what it's doing on the conference calls, instead of who they use now... fumbling around with a language barrier.
"All available shares are shorted now".
Don't know what you mean. While still high, the number of shorts dropped between the the last and previous reporting periods.
If they're only going get the permits in Feb, it's hard to believe they will have "positive cash flow in early 2014". But if they finally get something tangible going (after Feb), maybe the stock price will begin to anticipate.
Hope springs eternal.