It hits Wire. Clinton Goup buys 6.5% of LNX in the last few days. Look at the chart! All the way up. No correction!. Looks like they are adding more and more share every day!. http://secfilings.nasdaq.com/filing...P+INC&FormType=SC+13D&RcvdDate=2/12/2007&pdf= Is this Clinton group related to President Clinton?
breakout above 4.6 for the first time in the past month!. constant low is higher than previous low, high is higher than previous high
solid support at 4.2, if you take a 5 minute chart over 10 days. it is only a 10% down from its recent new high. i expect insider buying will be reported soon, since Clinton Group is over 5% now, and they must file form 4 now whenever they buy more shares. from its trading activities, I can they are still buying shares.
i feel like perfect. 13G/A just filed on feb/12 they have 900k shares http://secfilings.nasdaq.com/filing...P+INC&FormType=SC+13D&RcvdDate=2/12/2007&pdf= 10 SHARED DISPOSITIVE POWER 958,380 now on feb/17 http://secfilings.nasdaq.com/filing...INC&FormType=SC+13D/A&RcvdDate=2/16/2007&pdf= 10 SHARED DISPOSITIVE POWER 1,148,580 they BOUGHT 200K shares in ONE WEEK! I wil load up this shit too!
also take a look at feb/15 13g by RCG fund, they added 500k shares. another 13g/a filed by FMR who is still the current largest holder did not sell one single share in its drop!. so that conclude this: New Big Buyers and No Big Sellers. they only direction for this stock will be going back up. News Front: payment waiver is received! new management is installed! nice!
new recent high at 5.2 check out the breakout at 4.6, 5 and now at 5.2. check out the history of clinton group fund, they buy a lot of shares and buy a seat at the board to change the management. they never pump and dump. they are long term investors! i expect another 13G/A or 4 to be filed soon.