header image
Home arrow Getting Started arrow Market in terrible shape, LNC incorrectly priced
Banner
Market in terrible shape, LNC incorrectly priced PDF Print E-mail
Written by Administrator   
Sep 05, 2008 at 11:19 AM
Article Index
Market in terrible shape, LNC incorrectly priced
Page 2

The big story on the market today was Linc Energy - which just sold some of its tenements for $1.5B, to be paid over the next seven months.  That payment equates to $4.67 per share.  LNC closed at $4.35, which (even after factoring in some risk that Xinwen ) means that you get the rest of the business for nothing.

 

The rest of the market is tanking though, US unemployment is at 6.1% now, and the Dow is currently down 127.  Based on most recent earnings, everything's looking a total bargain.  That'll probably change, though.  Ring-a-ding-ding, cash is king.


User Comments

Comment by alexk676 on 2009-12-26 11:26:46
Very nice site! is it yours too

Comment by alexc276 on 2009-12-26 11:26:46
Very nice site! [url=http://oieypxa.com/oryrakr/2.html]is it yours too[/url]

Comment by alexa221 on 2009-12-26 11:26:46
Very nice site! is it yours too http://oieypxa.com/oryrakr/4.html

Comment by alexe935 on 2009-12-26 11:26:46
Very nice site!

Comment by alexd13 on 2010-01-03 01:40:49
Very nice site! is it yours too

Comment by alexf370 on 2010-01-03 01:40:50
Very nice site! [url=http://oixapey.com/aqasqr/2.html]is it yours too[/url]

Comment by alexk247 on 2010-01-03 01:40:50
Very nice site! is it yours too http://oixapey.com/aqasqr/4.html

Comment by alexe87 on 2010-01-03 01:40:50
Very nice site!

Comment by alexe979 on 2010-01-10 14:43:05
Very nice site! is it yours too

Comment by alexe59 on 2010-01-10 14:43:05
Very nice site! [url=http://oieapxy.com/tyrayt/2.html]is it yours too[/url]


Last Updated ( Sep 05, 2008 at 11:19 AM )
Popular
Latest News
Who's Online
We have 1 guest online