He does seem plugged in and he does ring true to my view. I have discovered how naive I have been about market machinations. Apparently I do not think like the 'big boys": Mea Culpa

1. The stock seemed so well positioned that I allowed myself to ride the joy boat from $2.25 up to $4.50 - shudda listened to Krame - I got caught up in the hunt,

2.The fact that LGDI is non-marginable to Fidelity and TDAmeritrade slowed my investment decision reaction time - should have dimmed my exhuberance to overbid my offering prices- $2.15, $4.50 and then down it went.

3. Now here I am I still believe in LGDI and have bought at #3..80, $2.10, $1.85, $1.28, $0.85. The stock is now at $0.90. But now I am almost tapped out and am itching to buy more.

OK so I overpaid. I still believe in the stock. I just hope LGDI is fair to their minor stockholdes. I do believe there will be consolidation in the P business and there is a good chance that LGDI will be bought out at these low share values or to be taken private.

For the fourth time what is the law - can a shareholder refuse a low bid and retain his stock if the company goes private?