lodgian (LGN).. i just like them.. cauz

they are so f...... good. and if someone is good there are lots of jealous people as my friend would say..

well they are not that great. or not that people have recognized but they have a darn bunch of cheap hotel properties. 13x earnings multiple .. not too far away trading from book value.. whatcha need more to like this. .

good enough for me. .now you lazy people will tell me that the content on this blog is weak but you really got to do the homework yourself. i pinpoint you to one idea you do the walking and talking if you wanna go as deep as commenting on stuff.

lodgian has been coverd for almost 2 years taking up earlier comments from the yahoo special situations profits blog. and giving myself full credit for thsoe comments. as usual. the bad stuff usually goes on the account of that assistant who doesnt exist. teh good stuff, is all my merit.. that,s the way it should be. .

well. i just PINPOINT you in capital letters to lodgian. which is kind of a household seal of approval equivalent. suffice to read 2, 3 quarterly reports in press release format and the momentum of this turnaround should become palpable even to the laymen..

how this lodgian story all compares to comparable valuation and absolute metrics is beyond the scope of this blog. but certainly researchable for the avdvanced followers of the story. the name had quite a bit momentum of late. which must be in recognition to its cheapness as a story. its evidently a seasonal name but so much properties of underperforming characteristics have beenn disposed that they could be up for a surprise or two in the upcoming seasonally weaker quarters.

stay tuned for more special situations profits. i think lodgian has the potential to be a killer post bankruptcy. it has tons of cash flow or the potential to have it and even more of it. and limeted quantities to debt to apply that cash flow towards.

my type of story if you have a 2, 4 year time horizon. obviously who has that type of time horizon. not many. i try to have. and certainly for my more stable clients. they must own this.

so peace out again. z