Lodgenet Interactive Corp Com (NASDAQOTH:LNETQ)
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The Company is a provider of interactive television and broadband solutions to hotels throughout the United States and Canada.
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The Company is a provider of interactive television and broadband solutions to hotels throughout the United States and Canada.
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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.
Did ya forget to sell this one?
How's it worked out for your friend?
Cramer actually touted this one???