RE: the game..I agree with this last post..thisone is different.
Why?
Because the investment houses have loaded up with this. Who knows they have anywhere between 5 and 10 million shares. Yes to all the smart asses out there, thats not a lot of money, but if they are not doing it to make money, then whay are they buying in such huge quantities?
I'm going to play the me too game. Big brokerages buy, me too. Little guy buy- I watch. Big guys sell, I sell. They survive, me too.
They may go bankrupt on making 20% profit, me too.
I like this me too game. Perhaps some of you should park your pride on this stock and get off the sidelines and buy it at these levels. After all how much lower can it go? Has not all the bad news come out already? Interest rates are likely to fall= lower borrowing costs = better times for this?
SK may turn aroung in the near term, even if it just improves a few cents a day there should be something in it for LDM shareholders? Since it is now shown as $0 anything has to help.
Personally I have been accumulating this. Will I ride it out forever, No. See above 20% return should not make me go bankrupt.
Best of luck to all on this...actually its not luck its intuition and reading investor sentiment.