Hi Guys,
Cozy, quiet little site isn't it? For good reason I suppose. I, like you, Jim, have played this stock on its volatility. I have not lost but I have not gained either. Certainly nothing to write home about. I stepped back in today at 3 13/16, however. I have read a couple of articles that give me confidence in the company. Rick Lawson, fund manager at Weitz-Hickory, has an excellent track record. His largest holding is LRW. Also, recently there was a buy recommendation on CNBC by the day's analyst. No one was willing to look at this stock, let alone recommend it, 6 months ago. I think the timing is right. If you want to read the Lawson interview go to Morningstar.com, enter LRW and select the 7-28 news story. Good luck! |
