Leading Brands, Inc. (LBIX)

[NewJerichoMan]

I'm here to play the "pop" from the recognition of the cash infusion from the bottling plant sale. I'd rather that be short-term rather than long-term.

I think the revenues will stabilize from here forward but I'm not a fan of the water biz. It's a crowded and complex market with very stiff competition. I have some Happy Water being shipped to my office for testing but I don't foresee any scenario in which they actually gain traction.

Good reason why this has and will continue to be a loser stock. But I think the pendulum swung too far toward loserville. When I bought in, it was valued like a bankrupt company. It's better than bankrupt. It has a future. But not a bright one.