GREY:LGLTF - Post by User
Comment by
britishcinnamonon Jul 27, 2015 4:09pm
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Post# 23964457
RE:Loy is not giving up so why should you.
RE:Loy is not giving up so why should you. I'm not the big fish buying all the shares, but I'm with TD and I have tripled my number of shares since the crash. As others have said, it is risky to do so with a company that just saw so much trouble.
The moment of truth will in in late-August when Q2E is released. I am hoping for a neutral quarter with $13-15M in revenue. Then, it will be Q3, then Q3E in late-November. I'm hoping for $0.01EPS and spinoff news by then.
Fabrice may have been wrong for many reasons, but his suggestion to aggressively average down is the right thing to do here if you are one of the unfortunate bagholders, like me.