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Bullboard - Stock Discussion Forum Lakeside Steel Inc V.LS

TSXV:LS - Post Discussion

Lakeside Steel Inc > No one is going to buy Lakeside as a going concern
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Post by FullSteamAhead on Sep 29, 2009 4:15pm

No one is going to buy Lakeside as a going concern

If anyone buys Lakeside it will be out of bankruptcy court. Lakeside is hanging on by a thread with a deteriorating balance sheet and business prospects that are abysmal.

You can buy the stock all you want, but if this company is ever bought out it will be like Barzel - after it goes under and the stock is worthless.

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Lakeside Steel Inc