GREY:LGLTF - Post by User
Comment by
Hawkeye2012on Sep 12, 2014 5:24pm
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Post# 22932298
RE:Playing the swings
RE:Playing the swingsI think a lot of people were happy when this stock hit 50 as a lot of stock options were isssued at 50 and people were just waiting for the chance to dump their shares.
As has been said before, there is no rhyme or reason to why this stocks goes up or down, Past announcements of "record" profits have been met with unenthusiasm by investors and a drop in share price.
This company has lost its edge regarding consolidation. It now runs as a seasonally profitable ESL school. As I said before, its really just KGIC wth some other schools added as window dressing.
If investors are expecting more.. then they are just deluding themselves or trying to get this stock back to a level where they bought in.
MTI will be sold as LOY has discovered just how difficult it is to consolidate it.
I think if LOY is being sued it could definitely be hurting the stock but I think Mr Ryu's gross mismanagement is the real reason. The unionization and reunionization of recently aqcuired schools is soley his responsibilty and has made consolidating even more difficult.