Forget the possibilities, the potential, the great cash flows and the low p/e. Right now the market is saying LAF is a dog.
A virtual reversal right before our eyes back to pre "potential" days.
Whatever your investment in LAF right now, pretend it's not there. Management may be "top guys" and "straight shooters" but they have done no "visible" managing (and the market has confirmed that) to lessen the impact of these troubles.
Indeed, given the continued weakness and the selling before the last bad news hit the market proper, maybe there's more to come. (bad news that is).
Locked in to LAF and not enjoying it one little bit.
LAF Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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