Tuesday, August 28, 2012


Three months ago I bought some Leapfrog enterprises, they make the children's LeapPad toys.As for the why I bought it, here's their one year chart:
Chart forLeapFrog Enterprises Inc. (LF)
Yeah, talk about missing a train. It's tripled in a year and no one was paying attention.  It came to my notice because it's been in my watch portfolio for years and they reported earning that the analysts didn't like so they got punished. Not bad, but as I've said before, the fact that the stock price changes ANY day due to what an analyst says is about the stupidest thing I've ever heard.  No, I don't respect analyst's opinions very much. It's like looking in a kitchen through a window and describing what the food should taste like.  Yes, I know they do all kinds of interviews with "the supply chains" yet they still miss stocks that take off. Then they blame it on unknowns in the market. Newflash: It's all unknown!  And don't get me started on target prices. Kinda like telling someone the day, hour and minute they're going to die, then ignoring that statement when your wrong. As for how LP has done the past few months since I bought it....
Chart forLeapFrog Enterprises Inc. (LF)
Bam!  I'm up about 18%. 'nuff said....

No comments:

Post a Comment