+ Watch LSCG
on My Watchlist
Company recently bought back stock.
Insiders bought few months ago... I figure i'll take a shot, i would be more comfortable buying at 1.85
like taking candy from a baby
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.
To quote GtrInvestor: "All hail Everydayinvestor" for finding such dross.
I hate calling an underperform on this company. They have LED lighting solutions from Times Square to London. They concentrate primarily on lighting public venues and their designs are beautiful. But this price is too high for a company that is deeper in the hole than two years ago. They got a new CFO last October and he just resigned with no explanation. Seems a pretty short term for such a high executive position. The new CFO is the same one they had from 2005 to 2007. That can't be good. It seems to me that a company that has strong markets in Asia and the United States in an emerging industry has tremendous potential, but they have to prove that they have the management to take them to the next level before I will pay this price.
I like science! Especially wierd science or anything that has to do with Kelly Lebrock in the shower.
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