InvestorsHub Logo
Followers 21
Posts 4401
Boards Moderated 0
Alias Born 04/18/2013

Re: None

Tuesday, 11/25/2014 10:08:49 PM

Tuesday, November 25, 2014 10:08:49 PM

Post# of 74940
LVVV is like any other company, it all starts at the top. The tone set by B&T is horrible. Aren't they supposed to lead LVVV in a positive direction? The ONLY way to move in a positive direction over a longer period of time is through good, sound decision making. IMO LVVV is in desperation mode. Management doesn't want to stick its head out because they know it will get pounded, even by most longs. So, the strategy is wait and hope a miracle happens. Even if the company does nothing everyday (which is close to why they must have done in Q3), the fixed costs just keep piling up. They probably didn't even cover their rent last quarter from sales. Employees have to see this and wonder when the axe will fall.