Upon a random check of the LEE stock, they are barely above the 53 cent mark. The tumble began pre-summer as the company converted their $1B in debt to higher interest rate. That cost Lee Enterprises a cool $27M in financing a year. For more on the LEE fuzzy math see:
http://www.leeenterprisessucks.com/2011/09/lees-fuzzy-math.html
As a blog network, we have encouraged LEE to see a proctologist due to their stock impotence problems since May 2011. It is the esteemed opinion that LEE Enterprises could use Viagra, since it has used the techniques of ENRON (improperly pumping their value) for more than six (6) months. To read why Lee Enterprises needs Viagra (or Enron, or Ciallis) see:
http://www.leeenterprisessucks.com/2011/09/lee-needs-viagra.html
The company needs a good session with Dr. Drew, or Dr. Who. Reality does not seem like Lee Enterprises friend. The NYSE needs not make favors with LEE, it needs to start enforcing their trading rules, and kick under performing stocks like LEE off the exchange. The 8-K filing talked of improving the stock price, and it has been nearly 30 days with a net DROP of 15-20 cents.
Lee needs to brace for impact instead of boozing it up for the holidays neglecting their duty to the NYSE to raise their price. Do you think Mary Junck, largest stockholder doesn't want to reverse split the stock and make her fortune only finite?
Regardless, Lee Enterprises sucks, their papers are losing money, staff have no idea how to be professional, and the CEO is beyond borrowed time. The NYSE needs to rent a roller and destroy Lee Enterprises for asking for too many favors. Happy Holidays LEE.
Your stock is under performing, and your favors from NYSE have run out.
http://www.leeenterprisessucks.com/2011/09/lees-fuzzy-math.html
As a blog network, we have encouraged LEE to see a proctologist due to their stock impotence problems since May 2011. It is the esteemed opinion that LEE Enterprises could use Viagra, since it has used the techniques of ENRON (improperly pumping their value) for more than six (6) months. To read why Lee Enterprises needs Viagra (or Enron, or Ciallis) see:
http://www.leeenterprisessucks.com/2011/09/lee-needs-viagra.html
The company needs a good session with Dr. Drew, or Dr. Who. Reality does not seem like Lee Enterprises friend. The NYSE needs not make favors with LEE, it needs to start enforcing their trading rules, and kick under performing stocks like LEE off the exchange. The 8-K filing talked of improving the stock price, and it has been nearly 30 days with a net DROP of 15-20 cents.
Lee needs to brace for impact instead of boozing it up for the holidays neglecting their duty to the NYSE to raise their price. Do you think Mary Junck, largest stockholder doesn't want to reverse split the stock and make her fortune only finite?
Regardless, Lee Enterprises sucks, their papers are losing money, staff have no idea how to be professional, and the CEO is beyond borrowed time. The NYSE needs to rent a roller and destroy Lee Enterprises for asking for too many favors. Happy Holidays LEE.
Your stock is under performing, and your favors from NYSE have run out.
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