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Traderfan

08/12/11 5:25 PM

#85025 RE: Drexion2004 #85024

LTUS, yeah it's certainly a bit strange that their profitability is suddenly breaking down that much over the last few year.

2morrowsGains

08/12/11 5:50 PM

#85027 RE: Drexion2004 #85024

LTUS...The 2012 wild card!!!...Nice #'s in today's 10Q compared to LTUS' current share price of $0.59...
Total assets are way above total liabilities. (Not sure what you mean Drexion2004). Book value = $3.46.
The lower net was expected as the company has already said in their past guidance statements that they would be lower this year.
LTUS has been running on low cash (using cash for new facility) for quite some time but has good cash flow from operations.
Six month EPS = $0.14. Share price = $0.59. Forward PE based on the two slowest quarters = 2.1.
Hopefully we get an update on the new facility next week.
In the $0.50's or lower, LTUS is a long term wild card pick for 2012 IMO.