In all seriousness, Oracle made some valid points and Buster has been hinting at soemthing hidden but right in front of our eyes this whole time. Buster may be bluffing for more out of his short who knows.
Im sitting here wondering if LF actually does have a chance to get back up. If the earnings is a blowout, its obvious. Todays news about the malls, retail (WMT is up however) and the volume yesterday on the decline does disturb me.
If this is the bottom, this is great but Oracle had some points about the $20-$22 range. If that is true and with any more neg PR it goes there, then when earnings come out it would give it a push maybe to where we are at today or possibly $29 or so and stalls.
I dunn, guess Im raving here but something to think about. Never seriously thought there would be so many nose dives for a solid company. My time horizon is unlimited but who wants to be stuck in the long run.
My 2 cts (seems that is what is left).
Exactly. I'll wait till 2004 & let my money work elsewhere.
I was fortunate to get in at 21 (sold half when it doubled) watched it go to 47 -- got greedy and finally sold the rest yesterday at 29.) Made a nice profit & I love the product.
The adage 'you never go broke by taking profits is alive and well.
I'll check back every month or so & would be glad to buy LF next spring.
If I'm wrong, who cares!
Oh I see, thanks for clearing it up.
Im hoping more and more future prospects with the innovative team LF I hope has.
I understand, its been enough stress watching it during the quiet time....
I'm rode it down so I wish I had your opportunity:)
I was speaking of the competition from Mattel
They should have just named it the LeapPad Knockoff"...
I have been bullish on the stock from the get-go, just can't figure out when to jump in.
4Q will cure your fears........
Its partly manipulation......some have to know that after earnings release this will spike.
Who wants it to spike when its already pricy?
Keep it down, get in a the low and make big......others just ride it down and back up......
Competition????? From who? LF doesnt just have toys to climb on and play with. These toys teach kids skills.
Put things into perspective, any stock that misses concensus estimates is going to be punished. This stock was roaring up before earnings and it was priced for perfection. When they didn't meet analyst estimates, it got punished badly. LF now has to prove it should be valued relative to its growth expectation. Also, you are giving Buster too much credit, he did not predict the drop from $47 to $31...he started mouthing off after the earnings announcement. If you can't be patient, sell today and forget about LF. JMO
Thanks for your reply.
My impatience is with loosing a lot (my fault),
I can be patient knowing this will do fine in the long run.........reassurance isnt far off with 4Q.........
If it doesnt impress Wall Street oh well.
Its proving WOods was telling the truth which I beleive he is.....