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Who's the guy who posted stuff on LTS... ?

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February 01, 2010 – Comments (7) | RELATED TICKERS: LTS

There was somebody who posted something on LTS calling it the best pick below $1 (or something like that) just a few weeks ago (2-3 weeks at most). I never got to comment on it, and now can't find the post.

WOW, what a call. I don't know exactly, but I think LTS is at least 30 - 40% (if not 50%) up since then.

Just today, LTS is up 21% on 1600% increase in volume. WOW.

 

7 Comments – Post Your Own

#1) On February 01, 2010 at 2:27 PM, jddubya (< 20) wrote:

dcsilver -

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=326588&t=01000509615675330391&source=itxsitmot0000001&lidx=2

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#2) On February 01, 2010 at 2:42 PM, TSIF (99.96) wrote:

I think there was another poster who also upcalled LTS.  Unfortunately, there was no factual data provided to support such a call, so I thumbed by it also.  Too bad we don't get some real meaninful financial discussion on the few blogs we do get releated to finance.

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#3) On February 01, 2010 at 2:51 PM, Retiree2035 (20.43) wrote:

i sold my shares up 24%.

thanks dcsilver.  not looking to get in now.

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#4) On February 01, 2010 at 2:56 PM, jddubya (< 20) wrote:

dcsilver had 2 blogs... one explained the involvement of insider buying that swayed his opinion...

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#5) On February 01, 2010 at 3:30 PM, dragonLZ (99.42) wrote:

Thank you, yddubya.

Here is what I posted on LTS back on Sept. 5, 2009 (at that time LTS was at $0.70)

#30) On September 05, 2009 at 5:26 PM, dragonLZ (98.66) wrote:

LTS is a company that, just like its industry, was left for dead (investment banking, equity research, institutional sales advisory services for high net worth individuals), but has recently showed some signs of life...

I first purcahsed LTS in 2006 when it went from $.50 to $2.50 in 12 months (Discalimer: I made no money on this one). At that time, the interest in this stock was sparked by Phillip Frost buying LTS.

Quote:

PHILLIP FROST'S NEW VISION : 11/5/2006

BILLIONAIRE PHYSICIAN-ENTREPRENEUR PHILLIP FROST HAS A DETERMINATION TO MAKE A LOT OF NEW DEALS At 69, after earning more than a billion dollars building and selling Miami companies, Phillip Frost is a long way from retirement. "I’m going to take it one deal at a time, and I plan to do this until I run out of steam."  End quote. 

Led by Mr. Frost, LTS opened a bunch of new offices, moved to Miami (where the money is), and acquired a few companies. Basically, started growing...

 

Quote: " A NEW PLAYER IN INVESTMENT BANKING : 11/5/2006In what may be his most ambitious and challenging move yet, veteran company builder Phillip Frost has taken an old, ailing New York financial institution, Ladenburg Thalmann, transplanted it to Miami and hopes to build it into a major investment bank. ``I'm fully convinced it's possible and we'll do it,'' says Frost. ``There are so many new businesses being formed here all the time, and businesses need additional capital,... End quote.

Then, the bottom dropped out... Just like all the other stocks, LTS is back to its lows ($.50 in March of '09), but it stays on my watch list.

 

First reason I like LTS now: It survived.

Second reason: Look at this chart (sounds familiar, doesn't it?). On 6/26/09, LTS dropped 25% on almost 100 times average volume (9 mil shares!!!). It looks like everybody and his brother sold shares of LTS that day.

However, ever since, LTS is slowly, but steadily going up.

That is exactly what I like to see. It worked for me with SOA and MOD this year (which both had a similar heavy-unload-day in their chart), and I hope it will once again...

Go Mr. Frost. GO LTS...

p.s. Look at this chart of MOD (had a "dump" day back in February, up ever since, 950%)

SOA had its "dump" day in March, up 900% since then... 

 

p.s.s. This works only if a stock starts going up through at least one full quarter. I've seen a bunch of stocks that had its dump day one quarter, just to have a heavier one the next quarter. So, I might be too early into LTS, but I don't think so as it's moving up slowly, exactly the way I like it... 

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#6) On February 01, 2010 at 3:38 PM, dragonLZ (99.42) wrote:

Right now, LTS is at $1.06, 25% up today...

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#7) On February 01, 2010 at 6:15 PM, dcsilver (60.57) wrote:

Thanks for the shout out - I tend to buy stocks that have heavy insider purchases and are trading below $1.00.  My only exception was Sirius.  That being said, I don't know if the skies the limit for LTS, and as one commenter already acknowledged, my call was mostly about insider purchases than intrinsic value, but LTS has inside and outside funding. Dr. Frost, god bless his soul, keeps LTS floating with both his money and his connections.  I have it pegged based on my chart to top out at around $1.20.

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