by Gavin M.
Full disclosure, I am short LL since $35 and I still am short. I will NOT disclose where my stop limit is.
If you have been following me since the start of 2015, you will definitely know that this stock is both a disappointment and also profitable from a short perspective. It's disappointing because despite a lot of key executives leaving, the stock has not plummeted to $0. It is on its way to filing for bankruptcy, the question has always remained, WHEN?
They tend to pump this stock from time to time and most people really love shorting it near $22. Is this stock something you should be jumping in? It's really up to you. But at this point with no proper management team, mounting lawsuits and a government investigation, what do you think will happen?
Traders from Equity Sense will be writing on this blog on positions and other market-related things.