One point of disagreement, the company has no regulatory limitations with releasing preliminary revenues (or more financial information).
I sold the 10K shares that I reloaded at 18.85 and am completely out.
LL has not earned the right to have me as a shareholder. The complete silence at this crucial time for the company is unacceptable.
Sullivan decided to take LL public and is no longer a controlling shareholder. However, the BOD is derelict in it's fiduciary duty and allowing Sullivan to incompetently run the company. I am amazed the institutional holders have not forced a change in the BOD and management.
I do think the stock is severely undervalued and will most likely return to the 30s-40s in the medium term. Best of luck to those of you holding on.
You shorted in the $60's, that is rich.
You have been most prolific poster since you first showed up while the stock was trading in mid-20's. So we all are suppose to believe you shorted in the 60's and didn't make a single post until the stock was cut by more than 50%? Sure.
My id relates to the favorable tax treatment of long term capital gains. What does your suggest?
Sure it is. The date your id was created and you id name is all the evidence one needs about your honesty.
Would you all please be quiet in here? Sullivan and the Board of Directors are sleeping.
I see on on the 5 minute and 60 minute chart.
On the 5 minute a nice retest buy with a buy trigger at 19.50 (also bullish engulfing with volume). This has confirmation with a potential hammer on the 60 minute. I will likely take the trade if we get the trigger.
Anyone see others?
So what do you think is priced in stock?
Shorts have told us sales will fall apart, gross margins will collapse, legal expenses will balloon, huge inventory write down, all leading to terrible EPS.
So your estimate is what exactly? You certainly must have an opinion since you think it will a good day for the shorts.
"I'd rather pay $23 for something that has clear direction than $20 for something that still has issues"
You likely won't have the opportunity to buy at $23 once this stock has clear direction.
The set up is:
1. A significant low - occurred at 18.75
2. One or more higher closes than close of previous bar - occurred on very next bar
3. One or more lower closes than close of bar in #2 - occurred in 1st bar this morning
The trigger for the buy action is above 19.98 with a stop below 19.33. A reasonable risk/reward; however, will the previous support around 20 become resistance?
The topic of the thread you started is about PE, so you are correct, I don't have a clue about what insider transactions have to do with PE ratios.
What was the cash flow from operations/ share last quarter? Is that irrelevant?
Thank you, this is informative. Its refreshing to see this type of post considering all the trash on this board.
Thanks for the post. I have not seen any data around max fines from CARB or Lacey Act. Do you have any links for this?
Based on your expectation of another 15% down, you must have been the one that sold me the 10K shares at an average of $18.85. Thanks
OK, I will play that game.
Analyst estimates for next year are $1.45/share. Wow, a stock with nearly 300% EPS growth forecast. What an opportunity to buy a stock with huge EPS growth, selling for less 13.5 times next years EPS.