I am also watching LEI for the moment. I am almost certain, that LEI earnings per share will be no more than $1.50 this year. And they will likely be the same or less next year. So why people would pay $28 for a company that will earn them $1.50per share, with very little growth opportunity for 3 years, whose main source of income is now reliant on govt spending, is beyond me.
I will short her again, but not now. I would be happy to buy and hold LEI at $20, but there is now way in hell that I';d pay an extra 50% (!) today.
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I am also watching LEI for the moment. I am almost certain, that...
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