It's not worth arguing. In my opinion LEE is going to $1+ and soon. I believe this to be true based on the following:
1) The strong uptick of others in the industry (See Gannett, McClatchy).
2) The high likelihood of its successful passage through a "pre-packaged" BK.
3) The seasonally high numbers for newspapers.
Doesn't matter if you are liberal or republican. Nor does it matter if you know much about the stock market, global markets, or any other market. It's simple math gentlemen, this company is worth much more than $31MM dollars.
The following will still be true when this stock inevitably does reach $1:
1) trade_ster will still be posting on this board about how this was a bad investment & "POS stock" all along.
2) bashers will still be talking about how it is going back down to the .50's or .20's.
I can't believe a shareholder of LEE would be anything but liberal. You my friend are clueless. If you take anything I say as persaonal....Good. You're stupid as shyt and you deserve it. Grow up and learn how to deal with the real world punk.
I never said anything against shorting I simply asked you if you were. You're a little sensitive I guess. At any rate your argument makes no sense because what Lee did was good for shareholders so there is no reason to resent them.
Your comments about socialism show that you're a typical know nothing Republican.
You should be happy for them. Sure you're not short?
As I stated before. I'm not currently short LEE. I'm looking to sell it if it goes up more though. Look pal, I keep emotions out or it. I have friends that work for newspaper companys. they know the deal and the smart ones short other newspaper companys. It's not about making friends but making money and it's not immoral or some kind of a sin to short stocks. You had better get used to it or maybe get on the bandwagon if you want to make money in todays stock market. Socialism didn't work in Europe and forced socialism isn't going to work here. Obama will make me rich shorting the stock market. Count on it.