Does anyone have any idea why LABL is heading down so fast? I'm already down over $5K and can't find any news about what is happening? If you wish reply to my email email@example.com. Thanks
Hey!My thoughts exactly, why going down?This one's got me stumped. They took on bid debt in '08, but are paying it down with no problem. Collotype was an ambitious acquistion, and I think it will pay off 'some day'. That 'some day' is getting awfully stale, though. Maybe their refusal to play the game and estimate future earnings has turned off the institutional/mutual fund set?My pricing model has been signalling buy buy buy for years on this one. I'm about to rework my model to kick out companies like this, only I have not figured out how to yet, unless I count a lack of insider buying and holdings as a bigger negative.Thoughts?
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