they are selling and will continue selling. Competition is increasing from amazon, samsung and so. Problem is Leapfrog has an ego and thought they were exclusive like apple and did not adapt to pricing. $25 apps???? when you can get free. Always said, keep apps below $10 and you you can make up with volume sales
tea is huge, and they are going to nail it and add on to revenues
are they taking it private or do they realize how way oversold this is??
you are clueless, 2 years ago aapl fell to 300+ and they had over 50 security lawsuits, where are are those now? these lawyers have nothing to do. There is no fraud here, just bad management. So every company that misses earnings consistently should be sued? its bad management, and once there is buyout or change of CEO , it will start heading back up ( not forgetting the massive short squeeze that will occur)
Leapfrog is still a respected name and has a lot of value. just execution and management is bad. They were thinking like blackberry by overpricing their apps and leaptv. If they stuck with retail of $99 they would have sold millions of them. Keep Apps at $15 max and they will compete very well.
there is still hope, but there has to be drastic change and i believe next week we might hear some good stuff
note MAT is also in trouble and is desperate to do something radical. All say buying leapfrog would be the current best option and wont even affect their books
Do you really think you will get any money from the lawsuits
Half of them are baseless and even of one wins, you won't see more than $100
It's an easy take out target and should be at least $12
Something wrong with this??? Shouldn't it be double digits???
What is wrong with hedging? That is how oil companies and airlines also make bulk of the money from. It's money and adds to bottom line , even without it they made money. Hedging is a strategy and saying it's not part of earnings makes no sense
PE is now 7 and forward PE probably 5 or less
Fundamentally or technically you did good! 2.95 is brow liquidation price
But then again market can be unpredictable
There is 25-50% chance some buyout news in morning so may even open high
Google this : report potential buyout seen for leapfrog enterprise
This has been in planning since November and it's what big funds are hoping for
LeapFrog Enterprises, Inc.'s (NYSE: LF) sudden popularity among mutual fund managers is based on a two-pronged thesis, according to a report Wednesday from Reuters.
Either LeapFrog shares gain from blockbuster holiday success for its latest video game, or the product fails, the shares tank and the company gets bought out.
"Investors who are buying now are hoping that this is the bottom," Wissink told Reuters. "The big guys are waiting for them to miss again so they can offer a buyout near cash value."
Hasbro and Mattel were mentioned in the report as potential buyers.
Well given the news from November, this is what hedge funds were hoping for so there will be buyout at low price, for the company to destroy share value today , they must have. Had a back up plan to announce tomorrow morning. They can't be that stupid.. Though you never know, they have been living in oblivion
And might probably hear that tomorrow but will be a fire sale.$5 will be a blessing
Because he is clueless
Leapfrog is bigger than vtech, unfortunately not mkt cap
Leappad is still no 1 selling kids tablet
The fact that cleared out inventory of leappad 2 from October to November also established that, they have 3 leappad versions in mkt with 2 colors and while not as solid the sales as 2012, they are still doing quite well
Company is established, unfortunately management delivery isn't
As said, ceo over promises and under delivers
It was only in this year that they will be loss overall or break even
They were huge in 2012 , should have sold company them
Too bad they are profitable and stock price is back at levels when revenues were half and losses were huge and cash was less
Strange how market works
Buyouts happen when stock is going up, not down
Unless the company puts itself for sale
Fundamentals are good, but management deliver y bad
Problem is CEO over promises and under delivers
Oh really?? Can you explain why company bought back almost $1m worth in mid 6's
Why no insider selling below 7, rather buying?
In last 8 months it's all been stock buy back and insider buy
R as on why down is probably a fund is trying to get out, thus the price action
$29m mkt cap for a PE of 8.5 and revenue of over 100m/ year and positive cash flow and earnings
Earnings within 2 weeks, shall see