GREY:LSTMF - Post by User
Post by
JohnDDon Dec 11, 2013 4:49pm
402 Views
Post# 21996391
Brutal
Brutal This is actually worse than 2011 if that's possible. What's the biggest shame is that the management team has allowed the company to be in such a weak financial position (like in 2011) that they are unable to buy back a single share at these prices.... and looks to be headed into the $4's...brutal...
I wonder if there are some mutual fund managers who just don't want to have this company show up on their year end books so they are unloading at any price...or could be some are just plain fed up. Who knows anymore.
I hope the company is working hard to meet their year end guidance and sell some assets... and soon. I don't want to be dragged through the mud for too much longer.