Blyth, Inc. submitted an application under Rule 24b-2 requesting confidential
treatment for information it excluded from the Exhibits to a Form 10-Q filed on
November 1, 2013.
Based on representations by Blyth, Inc. that this information qualifies as
confidential commercial or financial information under the Freedom of Information Act,
5 U.S.C. 552(b)(4), the Division of Corporation Finance has determined not to publicly
disclose it. Accordingly, excluded information from the following exhibit will not be
released to the public for the time period specified:
Exhibit 10.2 through June 1, 2014
There seems to be a pattern lately of very large trades AH. Today there was one for 29,200 @ 8.13 and another 15,200 @ 7.97. I remember the trade a few days ago of over 72,000 without even nudging the price. Obviously more than just retail investors at work. Makes me wonder what chance the little guy really has anymore.
Back on Sept.3rd BMO dowgraded Leapfrog and the stock quickly dropped. Now yesterday BMO Canada upgraded the stock. Is that a joke or what ? I do know that downgrades do much more harm to stockprices. Too bad upgrades don't have a positive effect !!
BMO Capital upgraded LeapFrog (NYSE: LF) from Market Perform to Outperform with a price target of $10.00 (unchanged).
For an analyst ratings summary and ratings history on LeapFrog click here. For more ratings news on LeapFrog click here.
Shares of LeapFrog closed at $7.95 yesterday, with a 52 week range of $7.00-$11.95.
The short interest has gone up to almost 21M shares that's about 35% of the float. It's really tough when shorts get a strangle hold on a stock.
Would really like to see some insiders stepping to the plate ! If you believe in your company now would be a good time to buy. It doesn't appear that insider buying has ever been much of a factor with Leapfrog.
21,262,600 shares traded in last three days....pretty amazing for a little company like Leapfrog .....there were 18,545,500 shares shorted....must be some unwinding going on....might be time to buy again....
Yes I see what you mean. Isn't Q4 usually the best for LF? So are we at the bottom of the roller coaster? Looks pretty inviting right now. The stock has been in a slow decline even before earnings.
It really makes me wonder how the shorts knew about the earnings? 31.13% of the float is shorted and that was 18,545,500 shares which was a 4.38% increase from the last reporting period for short interest. When one-third of the float is shorted that's the pros at work in my opinion. So maybe the question should be when are the shorts going to cover? How far are they going to push it down?
The proposal is conditioned on diligence and the negotiation of definitive documentation and is not supported by financing. The proposal references a meeting last week between principals of Blyth and principals of CVSL; the Company noted this meeting was held at the request of CVSL and the principals did not discuss a business combination of Blyth and CVSL.
I believe I read that Rochon likes to buy troubled companies but would prefer to keep the current mangements in place which would be cheaper than going through a new hiring process. So my question would be "why would you keep the current management in place for an already troubled company"? Obviously the current Blythe management is not doing the job.
There was an earlier BMO downgrade because they said there was a glitch when they tested the product...it was stupid but it made some investors sell...just what BMO wanted I'm sure...
EMERYVILLE, Calif., Oct. 24, 2013 /PRNewswire/ -- LeapFrog Enterprises, Inc. (LF), the leader in educational entertainment, today announced three of its products received the prestigious Platinum Award from the Oppenheim Toy Portfolio. LeapPad™ Ultra, LeapReader™ and Learn to Write with Mr. Pencil™ Stylus and Writing App were all Platinum Award recipients, the highest honor, which celebrates the most innovative, engaging new products of the year. These three products also received Special Needs Adaptable Product (SNAP) Awards from the Oppenheim Toy Portfolio. The SNAP Award recognizes products that can be used by or easily adapted for children with special needs.
The Toy Insider, now in its eighth year, is an annual holiday guide used by parents to determine the best toys and gifts for kids. This is The Toy Insider's inaugural TOP TECH 12 toy list, which celebrates the best technology products of the year. The TOP TECH 12 list follows The Toy Insider's recent release of its HOT 20 list, a selection of top gifts for children during the holiday season. LeapFrog's LeapPad™ Ultra, the ultimate kids' learning tablet, was named a HOT 20 product.
Back on Oct. 2nd BTH stock reached an intraday high of $14.82. I think this was critical to the short funds and I really believe there was probably some selective naked shorting going on at that point. I believe that getting past $15.00 would be very important to get a real short squeeze going. The specialist had to find a way to keep the lid on. With almost 91% of the shares shorted something had to be done to stem the tide. What the selective naked shorting did was to discourage retail investors from further buying. As of Friday the stock is down about two bucks from that $14.82 to around $12.67. We all know that games are played in the marketplace all the time. These thoughts are strictly my opinion but I think the ball is in the longs court now. Something has to give sooner or later. JMHO
I was checking out Leapfrog on Facebook today and I was amazed at all the positive comments and how much parents love Leapfrog products and apps. for their children. I'm not sure why the market is not recgnizing Leapfrog for the solid company it is. They have cash per share..no debt...hard to understand why anyone would want to short this company. I decided to pick-up a few more shares this morning.