Alternative view on hopes for a takeover- Most big players already have a foothold in UK. I think they would rather put their M&A dollars into regions they want to expand into. With regard to accelerating growth in UK, I think a larger player should invest in marketing rather than acquire customers through buying LBY. It looks like there is a ST trade in LBY potentially available, but LT I think LBY is in trouble making me want to stay away from this. It is hard to say sell now, but if I held I would sell on any bounce. Then again, you could get lucky... good luck holders.
LBY Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held