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Strategies & Market Trends : Value Investing
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To: Elroy who wrote (54886)1/29/2015 7:33:13 PM
From: Spekulatius1 Recommendation

Recommended By
Jurgis Bekepuris

   of 78744
 
LF has been trying to turn around ever since I looked at the company first about 10 years ago. I think the issue is that their product is more misses than hits, so they lose money most of the time and from time to time have a hit products that makes the profitable. I think LF could have been bought below NCAV for extended periods of time. I think when buying it cheap enough, the stock might make some money, when they do happen to have a hit product, unless management runs the company in the ground before.
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