TSX:LSG.DB - Post by User
Comment by
bulkbeefon May 09, 2013 11:47am
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Post# 21357645
RE: change of hands
RE: change of hands Don't count on a takeover. Every junior out there has been crossing their fingers for a takeover the past few years as prices have plumeted, but takeover activity has been very minimal. Highly doubt it will happen for LSG. Expect more of the same in terms of declining share price as more and more investors hit the sell button and head for the exits. The tax loss selling this December will be epic for LSG. That's probably when you will see this stock hit new 52 week lows, as there are a massive number of investors holding onto huge paper losses with this stock, who will clear it off their portfolio once and for all come tax loss selling season. You just watch and see.