Post by
cincoagain on Mar 05, 2012 1:13pm
ARBS - today
when youve got jp morgan, macquarie, and morgan stanley doing all the trading today in lfd, you can guess it is the arbs playing the time value of money. buy at $.14 today, sell for something more ($.17? - 20%), or a liquidation ($.21? - 50%) in two months. that is a good return on investment at this point. the arbs recognize this.
Comment by
pennyoilking on Mar 05, 2012 9:32pm
Or maybe a sale for a higher price, new management, and better new project. It can't get any worse than what where we sat after the yes vote went thru. I still never received my proxy from before. I guess I am part of that 3 percent that voted no or didnt vote at all.
Comment by
pennyoilking on Mar 06, 2012 9:09pm
I could not agree more. LFD is worth at least .21 cents a share even after current management finshes raping it over the next 2 months. Buy all u can now for .14 cents.
Comment by
ggrellette on Mar 07, 2012 12:47pm
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