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Re: realfast95 post# 87835

Thursday, 02/16/2012 10:12:24 PM

Thursday, February 16, 2012 10:12:24 PM

Post# of 94785
LLEN-This company has reeked of fraud for awhile now. I disagree about scandal of the year though. Any Nasdaq listed company has several large institutions that passively invest in major exchange listed entities. CSKI has Barclays, Wells Fargo, Interactive Brokers, etc. ZSTN has Deutsche Bank, UBS, etc.

For these institutions these positions are essentially meaningless, the only reason you see these large institutions show up as the institutional investors is because everyone else has bailed. Seriously I can't think of a single professional investor that supports LLEN.

Goldman's position is roughly .0003% of their portfolio, as I said meaningless.

Edit:If anyone knows any fund managers who still support LLEN please pm me, I would love to talk to them.
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