Shoe,
An unfortunate possibility which could play out is that the stock sells off a bit in here because investors have bought on speculation - buy on the rumor(s), sell on the news. If the news (whatever it might be) doesn't come soon, the speculators will sell thinking there isn't any news coming. Then, when something significant does come from the company, the stock will be sitting lower, suggesting to me that the news/price push will not be as high.
Sometimes, we're our own worst enemy. The boards have pushed the stock up with speculation and could just as easily drive it back down with the same enthusiasm which pushed it up.
Personally, I think we'll see some decent numbers when compared to the prior year offset by spending for key personel, marketing; infrastructure building. If revenues continue to climb as it is suggested by the January 11th press release, I would think this would translate to positive earnings somewhere in the future. Where that point is remains to be seen.
But yeah, it is a bit frustrating.
I've got time to wait it out,
Mike
LGTO has been on a tear for about a week. Had it and cashed out too early. No position, but looking to buy back in on a nice dip.
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