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value1008

10/17/18 11:27 AM

#54793 RE: Knowledge is King #54790

LPI - KiK, i think i read in the long comment section to that very recent S.ALpha article on LPI that Warburg is liquidating one of its funds, so it likely has nothing to do with LPI fundamentals if that's true. It's just indiscriminate selling and now its a buyers' market for the rest of us. Pick your low entry price! :-)
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wadegarret

10/17/18 11:43 AM

#54797 RE: Knowledge is King #54790

SS- LPI, I agree with KIK on this one

5 year chart is ugly as well as Warburgs selling. Something is not right here IMO
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SSKILLZ1

10/17/18 11:46 AM

#54799 RE: Knowledge is King #54790

LPI

I believe in my DD, and just because some organization is selling doesn't give me pause, how much can he really know if he is selling at multi yearly lows, you want to base your opinion on that, it could be as simple as he want to take huge tax losses/closing out a fund against his gains and has nothing to do with the company for all you know. And quite frankly the timing of his moves hasn't been great so far, so why should we just stupidly agree and say yes this guy is got it figured it out, I mean he is selling at multi 52 week lows, call me nuts to believe my DD and the company guidance, but who knows I could easily be wrong. wouldn't shock me with the way things are going for me, I'm down more today than I was up the last 3 and by a substantial margin. All is just my opinion, and I could always be wrong though.