Let's face it, this is a long term play.
posted on
Dec 12, 2008 08:21AM
We have all been looking for news from the company, and / or a stock buy back plan to help revive the momentum for this stock. In all truth, any of these actions would have been short lived in this continuing economic downturn.
The smartest thing the Gutnicks may have done to date is holding back on the press releases and company updates until the market proves itself to be on the way back. When the market finally begins its recovery, LGDI will be positioned to recover its value and then some in a very quick period of time.
So in the mean time, continue accumulating shares and preparing for the Holidays. The recovery may not start for a while, but the ride back up will make it worth the wait!
Good Luck!