Lee Enterprises is pretty much doing exactly what I figured they would be doing. They’re worth $3+
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71253037
http://lee.net/newsreleases/pdf/Lee%20NR%20Refinancing%20012312.pdf
They made 38 cents this last quarter for a stock trading at $1.10. Not bad?
http://lee.net/newsreleases/pdf/LEE%20Q1%202012%20Earnings%20011712.pdf
http://lee.net/newsreleases/pdf/Letter%20012312.pdf
http://seekingalpha.com/article/312778-lee-enterprises-should-top-2-within-180-days
That’s all for now,
Glen Bradford
PS, if you miss the first moves, it’s not that big of a deal, I admit that most of the time you can’t be 100% in the company that is moving that day. That’s why I diversify across undervalued companies and then rebalance according to my expectations every now and again. Right now, Lee has some serious room to run but I am scale trading all the way up, squeezing those pennies and nickels out of the volatility.
I am presently looking to figure out how to trade YELL on the london exchange because by volatility alone I believe 2% a day can be extracted from the stock, so that is exciting.
Glen