jimbo32010
Short

LTC Neutral / Avoid

KRAKEN:LTCEUR   LTC / EUR
I give litecoin an avoid rating now after the news that Charlie Lee dumped all his holding on the recent parabolic move.
From now i can see sideways down action.
Litecoin doesnt really offer enough more than BTC             IMO             to justify the parabolic move in value. Its use case isnt really much different to BTC             except its shorter block time. Ripple can probably justify a parabolic move as it has a separate use case.
I have sold all my LTC.
This is not a short recommendation as it appears to show above agg!
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