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Lakes Entertainment, Inc. Message Board

  • jtyler2030 jtyler2030 Mar 11, 2013 1:42 AM Flag

    How does LACO have a $84 million dollar market cap?

    It produces loses Year after year. The operations of the business are not even profitable. It trades at nearly 3 times it's sales. And it has assets of $11 million which means it trades at just under 8x the physical assets it possesses.

    None of this spells out a company remotely worth $84 million dollars. I'd be scared to get the hammer dropped on me if I owned this thing.


    Sentiment: Strong Sell

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