Littlefield Corporation – $LTFD – Confident Investor Rating: Poor

Company name Littlefield Corporation
Stock ticker LTFD
Live stock price [stckqut]LTFD[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=ltfd

Littlefield Corporation is a holding company. The Company’s business develops, owns and operates charitable bingo halls with the United States operations in Texas, Alabama, Florida and South Carolina. As of December 31, 2009, the Company operated 36 charitable bingo halls. In January 2010 and February 2009, the Company completed the acquisition of bingo halls in South Carolina and realigned certain regional operations. In April 2009, the Company sold its Premiere Tents and Events business unit located in Austin, Texas.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

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