Lenco Mobile Inc. (NASDAQOTH:LNCM)

CAPS Rating: 1 out of 5

Recs

1
Player Avatar Renton405 (46.73) Submitted: 5/1/2009 8:02:02 PM : Underperform Start Price: $2.50 LNCM Score: +228.22

weird, bravobrevo says up. Good timing I must say

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Member Avatar BravoBevo (99.97) Submitted: 5/4/2009 11:21:49 AM
Recs: 0

renton: Thanks. You know, LNCM opened at $2.50 this morning; and both of http://caps.fool.com/player/freeits.aspx and http://caps.fool.com/player/gulfzang.aspx also went "thumbs up" at this price. Over the last 2 years, LNCM has traded above this price about 90% of the time, so this seems to be a level that the market makers tend to enforce.

Member Avatar Renton405 (46.73) Submitted: 5/5/2009 4:19:48 AM
Recs: 0

yea, that reverse deep dip showed a good open position on the chart I just noticed. Quite a young company however

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