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LogMeIn, Inc. Message Board

  • remoteinvestor remoteinvestor Oct 15, 2012 11:09 AM Flag

    Quarter 3 Earnings

    One can only assume that LOGM will use this earnings release to make a firm statement that they intend to fight the patent troll to the end (whether they intend to our not). And they will probably indicate their willingness to spend as much as it takes to do so. So, with that piece of bad investor news coming out, they will probably go ahead and knock out any other bad news and get it out of the way. Expect Oct 24 to mark the low point for investor sentiment. In other words, this is the month to buy. Barring a total loss in the litigation, most of the news post-Oct 24 should be positive.

    And if it sinks much lower, they will be taken out.

    Sentiment: Buy

89.80+0.09(+0.10%)Sep 26 4:00 PMEDT