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Strategies & Market Trends : Bear Market Momentum Investing

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To: bkcraun who wrote (6)3/7/2008 4:20:07 PM
From: Perspective  Read Replies (1) of 248
 
LAMR - anybody got any clue how this thing traded north of $60?

stockcharts.com

Their cash flow has never gotten much above $100M/yr, and they have no equity:

finance.yahoo.com
finance.yahoo.com

I do see from the cash flow that they were borrowing money to buy back stock at an annualized rate of over $300M/yr:

finance.yahoo.com

Suspect that is now done. Wish I could have found it 15 points ago. It has some support at $30, but I don't know how strong that would be.

finance.yahoo.com

`BC
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