I have been a long term trader and over the years been given some sound advice. Let me share a few with you. Never buy a falling stock......This indicates a change in fundaments. Trying to pick the bottom can be very dangerous. Pay a little more and know there is no hidden skeletons. A falling stock can burn you badly as they say never catch a falling knife. I like LEI but you must make hard decisions not to fall in love with stocks just because you feel they appear to be cheap.They are at that price for a reason. The money and trend is your friend and LEI is neither of these. Their time will come but not just yet. Small bounces can be a trap. Big boys now when to offload.
LEI Price at posting:
$30.08 Sentiment: Hold Disclosure: Held