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Message Boards Settings LodgeNet Interactive Corporation - Quote Info
Every thing is a point in time     30-May-09 03:03 am    
You can check out my previous posts…if you want to check my ‘street’ creds...I’ve known LNET when it was 35.97 and I've known it when it was 0.48. There is nothing behind the screen.. no wizard. No strategy, no plan, no future. I’ll shake Scott’s hand at HITEC next month in Anaheim, and he’ll tell me, like he does every year, how well his non-hotel strategy is going, and I’ll smile and think he’s the same BS artist he’s always been, knowing it will be all new to most of you. So, here goes nothing: They are keeping their head above water by manipulating their working capital with what little credit line they have, and they can only do it for a few more quarters, till the covenants kick them into BK. I know institutional read these boards for laughs, but this one is not funny. This is a dying industry no matter what the low volume, 'paint a chart' geniuses are doing. It's going to zero and all these posts, from holders and traders of 500 shares or under won't change the companies fundamentals...they profit from selling @#$% in hotel rooms only, and everyone can get that free on the internet. So I will say again, Institutional, play it, until it breaks your trend line, and then get out. My apologies for exceeding the usual under 10 word posts, but you know who you are, and you know why.
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  Subject Author Rating Time of Post (ET)  
 
Every thing is a point in time
watchyourba... (1 Rating) 30-May-09 03:03 am  
 
Very well said.
camrahn68 Rate it 31-May-09 11:14 am  
 
Are they making up free cash flow? Because that is...
bigdoggg65 Rate it 1-Jun-09 09:25 am  
 
No, they are not making up FCF…they are just ...
watchyourba... Rate it 3-Jun-09 09:16 pm  
 
I have never met Scott so I can't speak ...
edgetrader2... Rate it 23-Jun-09 06:40 pm  
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LodgeNet Interactive Corporation (LNET)

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On Dec 10: 5.10 0.00 (0.00%)
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