What do you think of LH ?

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  • What do you think of LH ?

    I have been monitoring this stock since a few weeks and it is very interesting. This is one of the stocks that has been going UP as the markets have been crashing !! I dont know much technicals, I have been hesitant to start a position since the company has some subpoenas for medicaid reasons.

    I would highly appreciate any opinions.

    Thanks in advance.
    Last edited by Guest; 06-16-2006, 12:17 PM.

  • #2
    News like this is similar to roaches - you only see one but there's lots more you don't see.

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5320

      #3
      Originally posted by hotty21
      I have been monitoring this stock since a few weeks and it is very interesting. This is one of the stocks that has been going UP as the markets have been crashing !! I dont know much technicals, I have been hesitant to start a position since the company has some supoenas for medicaid reasons.

      I would highly appreciate any opinions.

      Thanks in advance.
      My opinion is to steer clear of this one. I see no reason that this company deserves a $7B market cap with less than half a billion in yearly profits, and a net negative balance sheet. The fact that it's gone up a bunch over the past few years does NOT in any way increase the odds of its going up over the next few. If I had held this since $6 (when it was a good value) until now, I'd definitely be selling now and looking for the next bargain.

      Just my opinion though, on a first glance. Perhaps it is a superb company and will do great things. Apparently, the 98% ownership by institutions indicates that lots of people in suits have that opinion. Also, if you want a TA opinion, I'm sure you'll find plenty who'll say the chart is pointing up, so buy it.

      Comment

      • Lyehopper
        Senior Member
        • Jan 2004
        • 3678

        #4
        Originally posted by DSteckler
        News like this is similar to roaches - you only see one but there's lots more you don't see.
        That's the way groundhogs are too.... I could shoot a dumptruck load of those darned things this year and next spring they just seem to pop up out of the ground like weeds again.

        BEEF!... it's whats for dinner!

        Comment

        • Rob
          Senior Member
          • Sep 2003
          • 3194

          #5
          Twist This Whistle Pig Outta His Hole

          Originally posted by Lyehopper
          That's the way groundhogs are too.... I could shoot a dumptruck load of those darned things this year and next spring they just seem to pop up out of the ground like weeds again.


          I didn't know you had trouble with them whistle-pigs at your place, Lye. Lawdy, they can do some damage. Hey you can save a lot o' rounds if them crosshairs ain't "fuzzy." heh heh
          —Rob

          Comment

          • billyjoe
            Senior Member
            • Nov 2003
            • 9014

            #6
            Lye,
            A guy near here said he shot 350 of them one year in a large field near his house and it had no effect on the number appearing the next year. We've had none for a few years after smoking them out , cherry bombing tunnels , and shooting from the bedroom windows. They had secret escape routes for about 20 years that we couldn't locate. I swear they can move 40 pound round limestones that block their tunnels.
            ----------billyjoe

            Comment


            • #7
              Thanks for you opinions. I really appreciate it. I got more than I was looking to learn

              Comment

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