| Topic List | Page List: 1 |
|---|---|
| Topic | Stock Topic 7 |
| red sox 777 07/08/20 12:59:07 PM #389: | Yeah, I regret not jumping back in on LK at $1.40. My main worry was that I wasn't sure if it was going to trade OTC or if it was just going to be completely delisted from US exchanges. I do think there's a lot of value in this company long-term, I'm just afraid that even if the business thrives, shareholders will never be rewarded for it. I'm reading articles that say that the chairman replaced himself and the independent directors with some lackeys, so, essentially, the chairman has regained full control. If they just never declare a dividend and funnel off profits to companies controlled by the chairman in the future, it's possible that the company does great and shareholders still lose. It might be worth taking a shot at it anyway but it's a lot less attractive now at $3.70 instead of $1.40. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
| Topic List | Page List: 1 |