KGIC Inc LGLTF

Timing

[CashMcCall]

Isn't it amazing how this is announced after the opening bell, the stocks drop 14% and then they halt trading to say "hey we're next to bankrupt". Wonder if some insiders were able to dump their shares before 9:50?? Ya think??

[winbigkwik]

Even if they are not considered ''insiders'' I wonder how many sold in the last month since 0.58$.....

[Trelawny]

They are unwinding all trades from this AM.

[smithgee]

How did you here this?

[smithgee]

ok my trades cancelled and I noticed volume set back to zero.

[britishcinnamon]

Same here, I got unwound.

[Paperonweb]

That is right thing to do but how do you know TSE is doing this?

[britishcinnamon]

My 'fill status' remains unchanged. I do not see any alerts in my brokerage account. If I see an unwind, I will let bb know about it. For now, though, nothing, and no news either in regards to this.

[BigPapaStock]

LOY is nowhere near bankruptcy.  Although financials were a little rough, the future looks very bright.  New Management, good equity, profitability to improve, substantial revenues, etc.  Like the new CFO said, short-term pain for long-term gain.  Buying opp if you ask me.

[investX]

Agreed. I did a comparision on the numbers to update my model quickly. Basically, if you look at Gross Profit and Gross Profit margin it is flat at 36.7% in 2014 to 37.7% in 2013 (strip out amortizaion in direct costs as those are non-cash). Once you strip out student housing, it is 35.0% on the lower revenue base in 2014 versus 37.7% in 2013 with the bulk of the increase coming from commissions