LBIX Earnings Watch

LBIX to announce earnings tommorrow. Stock closed today at 2.90. Although it was up .30 cents today, the risk of holding before earnings is not warranted. Put this one on your watchlist and either buy the good news or sit on the sidelines and get in big below two dollars. Long term this company is set to grow. Short term b/c of higher marketing cost & slower season earnings could dissapoint.

With so much of the volume right at the two dollar level, a break of two would cause significant damage to this stock.. Maybe an entry as low as 1.00-1.50 could be possible.

Good news on this stock, LBIX will be up 30-50%.