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This "magic stock" is up for another attack by short sellers. Unlike most fools, i believe this company does have potential. Their website, http://www.lsgc.com/, speaks of their market stragedy. I believe that when all the pieces come together, this stock will go up, and not come down to 7.00 a share ever again.
Everyone and his uncle is making LED lights. Only the big, strong, scaleable bizzes will do well here.
Their market "stragedy" is issuing press releases and losing money.
And anyway, it was not under attack by "short sellers" but by one short seller: me. If only I can get more shares to short I will ride it down again.
I seem to have been outpicked once again by high ranked players. I really should fall into line sooner or later.
You should be smart enough looking at your score to realize this one is done, take your loss and move on. The only reason why you still hold it is because its a matter of pride or because "It'll bounce back"...These high rank players are simply offered you advice, maybe this one wasn't such a bright idea after all...
All of the above-mentioned responses are AT LEAST two years old. Has anything happened in the interim to change any minds about this stock ? Any CURRENT opinions would be muc appreciated.
I can tell you that the stock values the company at about $400M more than it should be..