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Re: overachiever post# 218

Thursday, 04/19/2012 2:48:24 PM

Thursday, April 19, 2012 2:48:24 PM

Post# of 872
I think the LED industry is struggling to find a price point that the consumer will accept. once they find it, then sales may really take off and hopefully higher volumes will bring down the cost of making them. Just a question if they can survive through that process.

The current PPS of $1 has got me thinking it might be a good spot to take a position. Kind of seems like its either close to the bottom, assuming they survive, or they are just going to end up with a Q on their ticker on their way to being owned by Sylvania or Phillips.

I need my lucky quarter to help with this decision.

Patience and Alcohol