Justin M. Hall 11/28/11 8PM ET: We entered long positions in LF today. LeapPad ranks #4 at AMZN. LeapPad sales could easily hit $100 M.
11/28/11
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Justin M. Hall: LF is currently trading with a market cap of approximately $250M. Excitement surrounding the LeapPad is similar to the Cabbage Patch craze.
11/28/11
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Justin M. Hall: Not as loony as the Cabbage Patch craze. Retailers are having trouble keeping the LeapPad in stock.
11/28/11
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Justin M. Hall: LF shares should continue to climb higher from here.
11/28/11
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surfnspy: Tablets for children are supposed to be thee hot gift this Christmas. LF crossed my mind over the weekend.
11/28/11
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Justin M. Hall: Hello Surfnspy. I agree with your sentiment and believe LF will perform well in Q4 2011 and Q1 2012.
11/28/11
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0ZJ: Amazing. I'm a fan of LeapFrog, they make some great stuff which my 2 year old loves. I'm not a fan of the Leappad @ $250...
11/28/11
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Justin M. Hall: OZJ - Regarding LF, we agree. The LeapPad is regularly listed at $99.
Justin M. Hall: LF has a market cap of $250M. With 1 million LeapPad sales at $99 = $100 million. Add the games, Tag, and Leapster, LF could easily double.