Life is not good. LPL is in the crapper. Their financials are horrible. Their current ratio is terrible and their acid test ratio makes them almost ready to freeze. Their profit margins are terrible and most of their cashflow has been coming from debt. While the debt to equity ratio remains ok for now it's going to take a miracle to pull LPL out of its slump. LPL is currently at the top of a long-term downward trend. I look for LPL to reach below its 52-week low pretty handily. Buy LPL puts now and thank me later.