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Leading Brands Inc. Message Board

  • EquityMaestro EquityMaestro Jan 12, 2007 10:49 AM Flag

    Why is this a 50M Company?


    My friend told me to look at this stock and I see nothing compelling at all. I read the last few earnings press releases, looked at the financials (and was shocked by the extremely unhealthy statement of cash flows), studied the web site, and asked my friend why in the heck he thought this was a good investment.

    Stay away from this one. I'm not short, but this is a $1 stock if I ever saw one.

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    • That is a good question, why is a company only worth 1x this year's gross sales?

      You'd think it would fetch closer to 3x, like the industry average.

      Dissappointing earnings, perhaps? but the company is still growing and True Blue in particular, is still growing very fast.

      At 1x sales, you'll find the downside rather limited.

      Why isnt it worth $150M? Is a more valid question


    • I disagree.

      It's a $2 stock. That's when I'll buy.


    • Friends dont tell friends about stocks and I do not think you have any.Your like everyone on this board. you are shorting I bet

      • 1 Reply to boileroomguy
      • One would hope he has the good sense to short this but who knows? I know it's shocking but there are actually people who would look at this company and ask 'where's the beef' (or 'blueberries' if you prefer).


        You got no earnings,

        you got insiders who dumped most of their shares,

        you got at least another quarter of bad news results ahead,

        you got a co with a long history of product failures,

        you got a blowhard CEO who acts like a company cheerleader,

        and a bought and paid for analyst who produces the stock targets their employer demands,

        . . . . . and a stock which is still appreciated by 220%.

        Now maybe the company is worth more than a buck, and I'll concede it surely is, but is it worth more than two bucks? Not by me.

        BTW- Who dat's slipping out the back door? Are the sellers beginning to gradually feed out shares? Better get sage to buy another 1% of the company.

    • For which Hedge Fund do you work? ... your MANipulation is too obvious ... tone it down intially & work your way UP to a full blown $hort $ELLing impersonator!


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