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Bullboard - Stock Discussion Forum Lakeside Steel Inc V.LS

TSXV:LS - Post Discussion

Lakeside Steel Inc > Lets see what the market thinks...
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Post by venturecop1 on Dec 20, 2011 11:56am

Lets see what the market thinks...

This "deal" sounds pretty cloudy if you ask me. Makes little sense to sell the company before the great supposed growth of Alabama Steel even gets started....

I'm sure the investors that bankrolled this expansion not even 8 months ago @ 52 cents are jumping for joy to see their investment sold out from under them.

This is truly bizarre....

So obviously they were in trouble, and many will look to oppose this deal.
Comment by carlx on Dec 20, 2011 12:30pm
I agree..."Makes little sense to sell the company before the great supposed growth of Alabama Steel even gets started....I'm sure the investors that bankrolled this expansion not even 8 months ago @ 52 cents are jumping for joy to see their investment sold out from under them."With the anticipated growth in revenue and profit, this company should be over a $1.00.If the company was ...more  
Comment by leaf67 on Dec 20, 2011 2:02pm
I would agree.....this company should be trading at well over a buck......more like $2.00+.....a bidding war would be the icing on the cake.Do your own dd before buying any stock.leaf67
Comment by manybear on Dec 20, 2011 2:26pm
yes leaf $2.00 yesterday she was at 7c today she is worth $2.00
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