Predictions and Weathermen We must have lots of weathermen weighing in and making several predictions as to what to expect with LEG. Just like in their jobs they don't have a very good result in what they are talking about. Most of their contrarian predictions have not been realized.
I've called the run up in SP several times since the SP was in the $5.80 range. If you recently shorted LEG in the last month or so you would have gotten creamed!
As I mentioned in a previous blog shorters and the like are persona non grata. They don't add any value and make wildasss predictions just like weatherman with no consequences.....other than their credibility. So for all those that continue to make their doom and gloom predictions it really doesn't matter anymore as the credibility just like weathermen is quite suspect. That being said even a blind squirrel finds a nut every once in a while. Pure luck on their part though.