Wednesday, January 11, 2012

Lee in the RED

Why does America have financial conspirators ready to prop up corporate prices/investor confidence?

Didn't we learn from ENRON, 2008, and BAILOUTS?
UPDATE: Lee posts 23% loss in Q4 ---"But expects improvement"--FROM WHERE?

Well Lee Enterprises have their own corporate conspirators.  Seeking Alpha claims Lee Enterprise stock will be above $2 (probably after the asteroid hits this year).  The price has not been above a dollar since May of 2011.

The income statement says -418% income growth for Lee Enterprises, and stock price of 0.69
[Information below copied from MSN financial site]

Surprising enough, Lee Enterprises is a "strong buy", although it defames people, and prints the corporate line in America, Mary Junck CEO on AP board [available: www.MaryJunck.com]

Lee Enterprises Inc(NYSE: LEE)
  • Trade now
  • Add to Watchlist
  • Get Chart
  • Print report
0.69Down-0.02-3.39%
DETAILS
Symbol Value ($)
Previous Close 0.71
Open 0.70
Day's High 0.70
Day's Low 0.69
Volume 7,580
Avg Daily Vol (13 Wks) 244,403
Bid 0.69
Bid Size 100
Ask 0.71
Ask Size 100
52-Wk High 3.47
52-Wk Low 0.49
Dividend Rate NA
Yield NA
  • Quotes delayed 15 min
  • Last trade 1/11/2012 9:46 AM ET
STOCKSCOUTER
FINANCIAL HIGHLIGHTS
Symbol Value ($)
Sales* 756.10 Mil
Income* -146.87 Mil
Sales Growth* -3.10%
Income Growth* -418.60%
Net Profit Margin -19.40%
Debt/Equity Ratio NA
Beta 2.41
EPS -3.27
Forward P/E 3.45
P/E -0.21
Market Cap 31.02 Mil
Shares Outstanding 44.96 Mil
  • More
  • * last 12 months

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.