Quote.com raised its rating of LUX from a "HOLD" to a "BUY". That says a lot seeing that most, if not, all market makers had it at "HOLD" for quite some time. Also, Italy was added to the EMU. May have (or will) had an effect (for the better) on LUX also. Does not matter that it only INCHES-up. That it's going UP is key!
I'm really impressed by your warmth and wisdom. If you're not a paid spokesman for the co, you ought to be. I have to admit, I bought in a while back becasue of the Merrill upgrade and split. My only other exposures to glasses was Oakley (disaster), but LUX seemed to have a lot going for it, including a lot of optometrists who thought it was "top dog"...
The stock went up and down before the split because of the talk of split. (And that is the only reason) Nothing major will happen to his stock unless we get some kind of news. It takes more than good numbers to move this stock. Why!! because not very many people know about Lux. And who is going to give money to someone they don't know. So I'll say it again!!! If something big happens this will move the stock and will move up . I like this company. They will do something big, but we just have to wait to see if they do!!!
I think if they get into the manged-care business(I heard) this could be very good for the stock.
upgrades are done on strong sales and good management.with summer comming on i would believe sunglass sales would rise in general. i am planning to hold thru summer unless a good rise in stock price, my personal opinon is lux is lagging the market and in due time it well rise.
LUX doesn't seem to get any publicity. Even the earnings have yet to appear in Yahoo! The upgrade I mentioned today was not "announced" anywhere. It so happened I checked Quote.com today and there it was within the "First Call" chart. This is a foreign company. An ADR. Nobody seems to know about this company. It's not a darling like DELL. You really have to dig to get anything on LUX. Whatever I find, I just pass it along to my fellow investors. E-you later.