Leapfrog Enterprises Inc. (LF) all set to plunge further
By Mark Moneymaster
November 03, 2009 6:05 AM
November 03, 2009 6:05 AM
Symbols: LF
Leapfrog Enterprises Inc. (NYSE: LF) stock showed a major trend reversal following its disappointing results for September quarter, when the small-cap toy company failed to match its revenue guidance, and fell short of its earnings expectations.
The fact that Leapfrog Enterprises Inc. (LF) stock also breached below the long term support level of 200 days MA support line in the process, has left room for Leapfrog Enterprises Inc. (LF) stock to retrace to lower levels.
The Leapfrog Enterprises Inc. (LF) stock has a market capitalization of obly $125 million, and is a toy producer.
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