And look what happened. This entity isn't a company, it is a charity for management and bondholders. In multiple posts I explained this to you, and yet you never were able to take a step back and look at the situation with a clear head.
It doesn't matter what the stock price is, this is just a ponzi scheme type of company that can NEVER be sold to an arm's length 3rd party buyer. It is a zombie stock. You can root for this all you want, but you will be wasting your time for years and years and years. Everything else on the planet went up, except LEE. I ownder why? Buffett got a good look under the hood and he is passing. But, I know, you are much more intelligent than Warren Buffett. There are 7 billion people in the world and Buffett is top 5 in wealth, and has been for years. In the history of all human beings, you somehow managed to have the greatest capital allocator in history take a close look, and he decided that is was garbage. But you losers are right about....LOL.
I told you this for 3 and a half years, actually. I know this company inside and out, and I am in the top one tenth of one percent in the world when it comes to analyzing a debt situation. I learned the hard way. You are all losers. You just glance at that billion in debt and act like it doesn't mean a thing. You are fools.
ezdeek is right, I sold my LEE in 2011 after realizing this company and stock will never be a good investment, because of too much debt and little or no potential for earnings growth. This is a loser stock. Don't waste your time here. Buffett is selling his shares.