Seeking Alpha
  • Michael Bryant
    Buy LeapFrog Enterprises (LF) on the pullback. http://yhoo.it/Q7UA1C
    9/17/12
    Reply (9)
    • Welt: Hey Michael. I like LF here as well. Do you have any reason to be bullish besides the techl support at the 200 DMA? I have growth worries
      9/20/12
    • Michael Bryant: Yes, I still see a lot of LF toys. They are by far the leader if their field.
      9/20/12
    • Welt: After looking over their international presence and other products I am less worried about growth, but the stock has lost its momentum
      9/20/12
    • Welt: so I am going to be careful here
      9/20/12
    • Michael Bryant: I think it is profit taking. Pullback could take a while to consolidate (usually 3-6 weeks), but after that it should continue higher.
      9/20/12
    • Welt: I think it has more upside than downside at these levels. Could pop and move back up at any minute.
      9/20/12
    • Welt: LeapPad2 has experienced strong momentum since its June 2012 unveil, selling as many units of LeapPad2 in just two days
      9/20/12
    • Welt: of pre-sale as the original LeapPad1(TM) did in a week.
      9/20/12
    • Welt: plus the cfo bought over 100k of stock back in august. that tells me financially they are doing very well
      9/20/12