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LeapFrog Enterprises Inc. Message Board

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  • vadertron1000 vadertron1000 Sep 24, 2012 4:43 PM Flag

    LF in that weird place trading 8.40 to 9.30

    It's been trading over 8 for 6 months now reaching as high as the 12's not long ago. We all know only reason for the drop is fear of what damage the toysrus tablet will do to the leappad. If the lawsuit to block the release of the toysrus tablet won LF would see 12's very quickly. Only reason for the weakness of late is toysrus tablet FEAR. If nothing happens in the lawsuit and toysrus wins I think LF will have a good Q3 and probably good Q4 quarter anyway. LF down 28.5% in the last month. I'd like to think all bad news is priced in now.

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    • davesmith49 Sep 24, 2012 5:19 PM Flag

      That's the way I see it too. It's just that when the stock breaks support you never know where it will firm up. The only reason it was down today was because the markets were weak, but that happens to a stock with price action like this. As far as I'm concerned Toy's R US is another Best Buy. It's a good place to see what you like and buy it online cheaper. Leapfrog is cheap and sales will remain strong.

      Sentiment: Buy

4.89+0.17(+3.60%)Dec 26 4:06 PMEST

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