LSC Communications Inc. (fka LKSDQ)

[Odessa99]

LSC Communications filed their 10-Q this evening. Although they continue to lose money, the net loss for Q1 '20 was about half* of what they lost in Q1 of '19. A year ago, when they reported that much larger loss for the quarter, the stock was trading at more than $6 per share (at that time, they had not yet filed chap 11). The common shares outstanding is about 33.5 million for both periods.

Additionally, their balance sheet still shows the land and buildings, originally valued at $696 million (pre-depreciation), so it appears they are still in posession of 100% of these hard assets.

Just a couple of things to consider when estimating the chances of a pop in the stock price. As always, simply my opinion.

LKSDQ

*(1.56) vs (3.77) per share