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KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

Post by kim2015on Jun 09, 2015 9:56pm
311 Views
Post# 23813890

Optimistic?

Optimistic?Jeff: not being a pessimist but being a realist. It has nothing to do with current management. They could be smart and talented but the carnage is real and present danger. No matter how smart and talented is the current management, do you really think the Bank, Regulators, Students, Employees, or Investors (who loss everything) actually care? Bank needs to protect their investor’s interest. Regulators need to protect the student’s interest and the industry reputation. Employees will be laid off, and investors like me pretty much loss everything, and that is 17.580522 million shares of crystalized losses in one single day of trading. Would you be optimistic enough to tell your wife and kids to buy this stock tomorrow like some pumpers on this board calling the stock oversold and will see $0.25 by tomorrow? God forbid another innocent victim spends $10,000 on LOY tomorrow and ends at $0.10. That would be sad. I am speaking with a conscious mind. I wouldn’t tell my most hated enemy to buy LOY tomorrow. Ask yourself whether you are an unrealistic optimist or me being a pessimist.
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