Wednesday, May 24, 2006

LBIX Recommendation(Hold)

Although buying below 2.50 is a good entry, until earnings are out I wouldn't buy a huge position. This company has moved from under a dollar to over four in one year. Its now giving back its gains. 50% would put the retracement around 2.00-2.20.. With some bad news on the earnings front 1.50 is possible.