GREY:LGLTF - Post by User
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TechTargeton Nov 18, 2015 11:49am
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Post# 24301020
RE:Looking better- I'm waiting for Beacon and other houses from
RE:Looking better- I'm waiting for Beacon and other houses from60606060 wrote: I can't believe the reason Ryu had for buying compaanies that lose momey. The last two sales were companies that had good profits before joining LOY or were they scams. Whatever, I'm glad Shawn is culling the deadwood.
I talked to people in the industry locally when I saw the stock crash to sub $10. What the old company did was build a house of cards that came down hard. I can't discuss specifics but it was ugly and, eventually, the market catches up to the nasty.
This is like an IPO but with full operations and a very nasty past history. At least, it's not an empty garage with garbage cans full of overpriced, obsolete assets.