Remember back when LEAH reported third- quarter earnings last year and Leah's corporate secretary, Mr. Barger stated here on SI that he was receiving a lot of calls from individuals at brokerage firms inquiring about that press release? I would think that some of those same people have not forgotten about Leah Industries. I would also like to believe that they are watching this company very closely in anticipation of some good news in the next earnings report, also for this company to become fully reporting. Just today, Mr. Barger did verify to me that he has received calls from J. Montgomery Scott and from Legg Mason Financial Services. In his words, they asked him ". . . about info that was already contained in our press releases and they wanted to know who our market makers were. . ." Nobody knows what they might be planning, we all expect the best.
As for the rumor I posted here last week about "someone BIG" getting in on LEAH, it was based primarily on a what a broker friend who was sure he saw a little 'blip' on his Nasdaq L II of some new mm players purchasing small lots of shares, and also some discussions he had with some fellow brokers.
This same friend has always been very accurate about his little tips in the past. I have been urging this same friend to buy Leah, but he has resisted these last two weeks, saying that he's waiting for it to drift down further. Well, he's right so far, I hope that he will be getting in soon, as he knows the potential for this stock like I do.
As for now, the only smart money in Leah seems to be us wild speculators here on the message boards, and of course, insiders.
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