GREY:LGLTF - Post by User
Comment by
frankzwhiteon Jan 09, 2014 10:06am
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Post# 22073558
RE:Disappointing
RE:DisappointingI am not disappointed at all. Remember that not too long ago we dropped from .70 to the .40's because institutions knew loyalist had to raise money so they were not buying in the public market. I am very happy that management learned a lesson from the last go around and raised money when the stock price was at 52 week highs! Going forward, LOY will need this money to do more acquisitions and restructure. Nothing has changed with the story, and it may create more opportunities for me to load up (albeit at a higher price).