GREY:LGLTF - Post by User
Post by
sirbarfaloton Oct 15, 2015 3:07pm
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Post# 24195069
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shortingThe Q2 financials were unaudited. The CFO, barely 3 months on the job walked off the job right after the Q2 was released. The Q2 numbers show a sharp, abrupt break down in the trend line for the tuition revenues. No amount of cost cutting will overcome that. Based on this and the information on LOY that is public, there is no rational justification why anyone would buy millions of dollars of common LOY shares. Which raises another question? Who has been supplying all the shares?