Labor Smart Inc (LTNC)

[megagnome]

Yes, just as he was determined to show the banks "who's not big enough" when they refused to lend him money by buying branches he couldn't afford, with money he couldn't pay back, to lenders that couldn't care less, ultimately leading to his diluting his investors into oblivion and then trying to sell it with a statement that he had "underestimated" -how impossible that must be- the effect that increasing the AS to 20B shares would have. What? Really? The CEO didn't realize that what he was doing was the very definition of dilution?! He underestimated that?!

After all that, you think Schady is the right guy for the job, huh? Unbelievable. I agree with the lottery ticket stance that must be taken with tickers like this, but usually you wait for a disruption, such as a change in management, or otherwise, that would herald a movement in price. I got into this one due to a bet with a friend over whose screener would lead to the most profit based on one $100 pick, sight unseen. Unfortunately, mine picked LTNC so there is no one here who would like to see the price move up more than me, but the absolute blindness to logic and rationale are laughable at best, at worst, a thinly veiled attempt to drum up interest by those who would stand to profit from such interest before the big RS happens and everyone loses their entire investment. No matter, they have so much going for them, right?