China Growth Stocks

[Gamma1848]

LLEN: Monday's trading action was really ugly and T Squared seems to believe that another hit piece is coming (which is why they posted response to share sleuth) publicly.

The negative article that came out two weeks ago with the stock over $6 seemed to a be a manipulation of the facts under a scary title and that author has since stated "I had originally intended to post several follow up articles focusing on other aspects of the company, but... I no longer plan to continue this story." link

Like everything else in this space LLEN is supremely undervalued if it is a legitimate company. China needs coal to fuel its economic growth and LLEN is well positioned to fill that demand. While the short interest is high there aren't an inordinate number of outstanding puts, watch the put volume for an indication of a pending bear raid. I don't believe that its a fraud however I am only buying using calls to limit my downside in case I am wrong.

I bought last week so I am not buying now but will average down if it falls to $4. I believe it will be halted/delisted or above $10 within a year.