BEST STOCK UNDER $1.00 - Ignore the One Star CAP Rating - LTS
CURRENT PRICE $.63
IDEAL PURCHASE PRICE $.55 (Taking volatility into consideration)
BOLD PREDICTION $1.20 (6/1/2010)
This stock is going to rock and roll as soon as the merger and acquisition market for small to mid-level companies starts to pick up. The 1/12/10 Press Release is a GREAT sign of things to come in 2010. Ladenburg Thalmann Financial Services Inc. (NYSE Amex: LTS) announced today that its Ladenburg Thalmann & Co. Inc. ("Ladenburg") subsidiary placed 11 registered direct and PIPE offerings in 2009, raising approximately $124 million for clients in the healthcare, biotechnology, energy and other industries. Two of the offerings closed in the final weeks of December 2009, including a $7.5 million registered direct offering for Raptor Pharmaceutical Corp. (Nasdaq: RPTP) and a $31.5 million registered direct offering for American Oil & Gas, Inc. (NYSE Amex: AEZ). According to Sagient Research Systems' PlacementTracker, Ladenburg tied for twelfth among placement agents based on the number of transactions closed in 2009. In the past month, there have been 813,000 shares purchased by insiders. That’s the past MONTH! My BOLD PREDICTION is a double to $1.20 by June 1, 2010.
FULL DISCLOSURE - I'm long with an average purchase price of about $.61