Lodgenet Interactive Corp Com (NASDAQOTH:LNETQ)

CAPS Rating: 2 out of 5

The Company is a provider of interactive television and broadband solutions to hotels throughout the United States and Canada.

Recs

1
Player Avatar leobourne (39.85) Submitted: 6/19/2007 11:08:51 AM : Outperform Start Price: $33.89 LNETQ Score: -137.51

This was a recent pick on Mad Money. By a coincidence, the day before, I heard from a friend of mine that he had been hired by this company in a relatively senior position, for which he was well qualified. In the past, I have made money by investing in companies that hire my well qualified friends. I feel that such companies must have good human resources departments, since they are hiring quality candidates. So far I have a good track record investing in those companies until my friends move on to other jobs. Then I sell, because my friends wouldn't leave a company unless it wasn't being run well or wasn't rewarding its employees effectively for their work. This may sound simplistic, but it has been profitable for me.

Report this Post 3 Replies
Member Avatar LookMomBoogers (94.95) Submitted: 9/6/2007 6:28:38 PM
Recs: 0

Did ya forget to sell this one?

Member Avatar jdcarcollector (26.16) Submitted: 7/1/2008 2:38:32 PM
Recs: 0

How's it worked out for your friend?

Member Avatar DrGoldin (99.72) Submitted: 5/9/2013 12:56:31 AM
Recs: 0

Cramer actually touted this one???

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