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jaybird249

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jaybird249

Re: None

Saturday, 01/21/2012 10:33:09 PM

Saturday, January 21, 2012 10:33:09 PM

Post# of 275587
LEE:NYSE $.89, $3 before financing issues, FINANCING SOLVED

LEE:NYSE is a true no brainer. Annualized earnings of $.80 and trading at $.89.

LEE was trading over $3 before it filed an orderly restructuring under Chapter 11.
THE RESTRUCTURING WILL BE APPORVED NEXT WEEK WITH ONLY 10% DILUTION.

That means that LEE is essentially the same company as it was when it was trading over $3, but with the financilal issues resolved.

$2 by Valentines day.
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