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Martha Stewart Living Omnimedia Inc. Message Board

  • sandy_suckysucky sandy_suckysucky May 4, 2013 7:26 PM Flag

    Sandy, how's your LF?

    Sandy:
    "I believe this is a chance to buy a great company (LF @ $8.99) at a great price!"

    Next day:
    LF falls another 2% to a NEW low of $8.79.

    Next Month
    LF falls a total of NEW NEW low of -5% to $8.58...

    Trannnnyyyyyyy Hoooooooooooo!!!!

    'Tanks Midas Ho!!!!
    :D :D :D

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    • Sandy:
      "I believe this is a chance to buy a great company (LF @ $8.99) at a great price!"

      Next day:
      LF falls another 2% to a NEW low of $8.79.

      Next Month
      LF falls a total of NEW NEW low of -5% to $8.58...

      Trannnnyyyyyyy Hoooooooooooo!!!!

      'Tanks Midas Ho!!!!
      :D :D :

    • I sold my LF a few months ago for a nice profit, but since then it has trended back down almost to my old cost basis. It is now trading at 6.1 times trailing earnings, and 4.5 times trailing earnings if you back out the cash.

      The big news though is that one of the Board of Directors, Owen Rissman, bought 25,000 shares on the open market for $227,475.00. That news has made the stock spike 5.5% today, but it is still trading a little below his cost basis on that purchase. I have been out of this stock for a few months, but I may buy some again down here at these levels. If any action in Syria or news of the FED tapering, causes a hit to this stock, along with the rest of the market, I may load up on LF shares.

      DYODD! Good luck to all!

    • Now LF is looking pretty good... Your timing on that post (especially your 3 happy faces at the end) is looking pretty far off the mark right now.

    • http://finance.yahoo.com/echarts?s=MSO+Interactive#symbol=mso;range=6m;compare=lf;indicator=dividend+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

      That's all!... I'll just post a link comparing the stocks (MSO and LF)... You can use a six-month, one-year, or two-year chart. LF has done, and is doing better than, MSO. Actually all of my recommendations to you have done better than MSO. Actually, I have done so well this year, I could sell everything I own and move 100% into cash for the next 7 months and almost certainly still beat the S&P 500 for 2013.

      So again.... That's all!

 
MSO
6.10-0.01(-0.16%)Jul 27 4:06 PMEDT