Lbmh

[billyjoe]

It's time to buy this one again. Pays unusually large div. over 4%. Founder has a history of building medical supply companies then selling to larger conglomerates. I've got an order in at 3.05. Sold just over a year ago for big gains.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=lbmh&insttype=&freq=2&show=True&time=10

Here's some fundamentals: http://finviz.com/quote.ashx?t=lbmh Check out div. history, it's rising https://www.dividendchannel.com/history/?symbol=lbmh

-------------------billy

[Louetta]

Looks interesting. I'm in.

[billyjoe]

Just keeps going up. I'm trying to get in. http://bigcharts.marketwatch.com/qui...ow=True&time=6

-----------------billy

[billyjoe]

Still haven't bought. Got an order in at 3.36. I think LBMH will hit 4 soon.

-----------------billy

[bigtruck]

Billy -- I went through the 10K and was impressed. Good sales, revenue and customer base growth. I'm in for a tiny position at $3.33.

[billyjoe]

bigtruck, Finally got order filled after 4 partial order fills and 50 minutes at 3.36. They say not to chase a stock but I've made $$ on this one before and have been watching it closely for a long time. Everything points to a good future. Last time I didn't chase a stock was when my son came back from college praising Chipotle. I never saw a store until 3 years later. It was 45 when he first mentioned CMG, now 713 and I never bought.

----------------billy

Just bought more at 3.32

[bigtruck]

Billy -- good movement today.

Earnings are next week on 2/11. Rumors are swirling of a LBMH buyout from Medco...? Not sure of any truth to this, but just solidifies your statement about the founder building and selling to larger conglomerates.

[billyjoe]

Mark Libratore : http://www.zoominfo.com/p/Mark-Libratore/28855905

-----------billy

[bigtruck]

Billy -- LBMH reported earnings earlier than expected, looks like they produced pretty good numbers.

Stock is down early this morning, but I still like where this company is headed.

EDIT: link to earnings article.

[bigtruck]

Billy --

Great movement today on high volume. Keep your fingers crossed for a buyout or the $4.00 mark.

Thanks for the tip on this one!

[billyjoe]

bigtruck,

I didn't understand the drop after earnings. Turns out there was no reason and now very little resistance. Glad I didn't panic and sell.

---------------billy

[bigtruck]

Billy -- put a trailing stop in at 3% on this stock. Still hoping for the $4 range, but I'm currently up 11% on this stock and would be very happy with 8% if it comes to that.

Thanks for the tip!

[billyjoe]

bigtruck, All gains are good. I'm holding 2000 for now. Future is bright.

----------------billy

[Louetta]

Methinks 3% is a very tight stop.

[billyjoe]

The 14 day ATR is .13 so 3% is very tight unless one is anticipating a fast drop. http://bigcharts.marketwatch.com/qui...ow=True&time=4

Notice how volume has increased starting with the big down day after earnings that seems to have been a mistaken interpretation of a good report. Now the question is how long can we ride on the latest earnings. As the population ages the sales of catheters and LBMH's monthly deliveries would tend to increase.

------------------------billy