I still have the stock rated as a buy (not a strong buy), but with the overall market declining again here at the top of the trading range, I'd say that .67 is in the cards (P/E of 1), especially with research groups like Rodman & Renshaw no longer covering the space.
JoeNatural: LPH - Russ, it's going to .67 rru2s: source? JoeNatural: me rru2s: you just PMed bogey cuz he wants my 0.91s at 0.84 again, right? rru2s: lol rru2s: source of you? JoeNatural: yes ... me JoeNatural: I'm the source rru2s: yep there has to be some informational input to that conclusion, for it to be worth more than conjecture, seriously JoeNatural: P/E of 1 = .67 rru2s: obviously it isn't with an acquisition and unless that falls through we have a PE of 1.6 rru2s: your own words joe the market works on FWD PE rru2s: I meant to say TTM PE 1.6 without acquisition, FWD PE=1 with acquisition rru2s: just to finish that discussion, it boils down to if the market is 100% convinced the acquisition WONT happen then it could go to 0.67. If the market believes it has a strong probability of completing acquisition this quarter as they stated, then the current price is the floor with FWD PE=1 JoeNatural: Russ .... LPH could go as low as .36 rru2s: binary assumptions - "A" or not "A" rru2s: you really try to work that power of suggestion, LOL... rru2s: I noticed that with AERL this morning on SA, didn't work so well over there huh JoeNatural: Russ ..... I'm totally messing with you about LPH price potentials. You might as well watch grass grow. rru2s: trader's MO, bash as hard as possible before a big catalyst so the spring is coiled tighter, to hell with longer term holders, LOLOLOL JoeNatural: Speaking of bashing, I need to go throw a bash or two on LPH's Yahoo board. BRB rru2s: LOLOLOLOL rru2s: sounds like someone has an axe to grind, LMAO nsomniyak: JoeN is the Paul Bunyan of axe-grinders...he missed his calling as a Dwarf in Middle Earth... GlobeTrade: they should have sicced JoeN on Bin Laden.........he would have found him in 24 hours.....sued him .....then killed him nsomniyak: the trilogy is a better story JoeNatural: LPH - Yahoo board bash complete. Carry on.