i sold out of lum earlier this year and have traded it once or twice since ... i agree its been poorly managed and has cost me $'s ..... but think its possible disney folding could be a positive for lum ... i would never have given them a free kick, but maybe sala and co felt they needed to give away advertising to a huge fish in order to catch a big one ... now if they've played it right bank america or some of the others interested will be competing against each other for the space. but have they played it right? do you trust them one last time? would not like to be holding now, but feel a buy around .05 could turn into a sell at .20 if they land an advertiser within a month.
however, everything said above is probably as inept as the past 18 months have shown this company to be..
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
