Still don't know about this one. Even if they get to break even, and that's still debatable, what have you got then? You have a company in an industry that will be subject to further regulation, is shrinking, and are basically supporting a whole lot of overpaid management who have done little but destroy shareholder value. Not a growth stock anymore that's for sure. P/E of 12-15 of nothing still equals very little. May ( and that's still and big maybe ) survive but the upside here is pretty much gone IMO
LBY Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held