Why LOLC is coming down?

Asiri_I · 1 Why LOLC is coming down? Wed Jun 08, 2011 10:46 pm

Asiri_I

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Why LOLC is coming down? Is there a special reason..?

ISURU · 2 Re: Why LOLC is coming down? Wed Jun 08, 2011 10:48 pm

ISURU

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Asiri_I wrote:Why LOLC is coming down? Is there a special reason..?

Nothing wrong with LOLC except high number of issued shares(after the split). Good for long term but can't push higher in short term due to high liquidity..

Asiri_I · 3 Re: Why LOLC is coming down? Wed Jun 08, 2011 11:01 pm

Asiri_I

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ISURU wrote:

Asiri_I wrote:Why LOLC is coming down? Is there a special reason..?

Nothing wrong with LOLC except high number of issued shares(after the split). Good for long term but can't push higher in short term due to high liquidity..

Thanks.. But the thing is after the split also LOLC was touched 145... I think there are some other reasons..?

Last edited by Asiri_I on Wed Jun 08, 2011 11:09 pm; edited 2 times in total

ISURU · 4 Re: Why LOLC is coming down? Wed Jun 08, 2011 11:04 pm

ISURU

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Yes agree..
Hi experts your help is required.. Question

Asiri_I · 5 Re: Why LOLC is coming down? Wed Jun 08, 2011 11:39 pm

Asiri_I

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Thanks UKboy

smallville · 6 Re: Why LOLC is coming down? Thu Jun 09, 2011 1:06 am

smallville

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Wat I see was LOLC needs to build a solid base around 110 now.. I hope its the least it could go.. The support level of 110 is still holding on.. Resistance levels of 111 & 112 being brokern several times but didnt carry to 113 level...
So breaking all three barriers are important.. If LOLC can break 111-112 barriers and close above it then if the next day even closes above 112 & 113.. we can say a move is on the cards.. If not this is gonna stagnate..

Chinwi · 7 Re: Why LOLC is coming down? Thu Jun 09, 2011 10:31 am

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please see my post also:

http://forum.srilankaequity.com/t4742-confifi-hotels-to-announce-the-managing-partner-soon-mulls-revaluation-of-properties#31765

Note: I am collecting LOLC