Guys, how many times do we have to comfort the doubters here....

Guys, how many times do we have to comfort the doubters here.

Just because someone is selling it doesn't mean anything is wrong with LPE !!!!!!! We assume that there must be something bad because we can't understand that someone sells a great stock at such low levels. Guess what, those people exist big time. Bought a 5star unit on the beach in Hervey Bay for book value $465.000 for just $ 200.000 . Why ? Because the owners were just too lazy to wait. Now go to realestate.com.au and see what 2bdr. units at Oceans Hervey Bay trade now for.

Some sold BUB for 12c just before the rise to 90c+ on no sales updates. Where they clever ?

At the end of June LPE had about $ 4m at hand and the overall cash flow was just $ 65.000 under cash flow neutral. That means they will definitely have the first profits this quarter and no CR needed unless there was a huge expansion which is unlikely due to a shortage of sparkies.

Customers are still lining up but can't be served due to sparkie shortage - and that's not LPE's fault.

So, the only negative thing is a slowed down growth for a stock still valued at failure level. Now even blind Freddy knows what to do - taking advantage of the sp currently way below fair value. But our mind only feels good when a balance / sp is increasing and that's when the market throws money at a stock. Smart people buy when others sell and sell into the rise.

Before selling high you must buy low - some times done within seconds, some times it takes years.