Can a cheap company in a bad industry be a good investment?

(via www.oddballstocks.com)

LICT (LICT.Pinks)

Price: $2055 (1/9/2012)

Is it worth buying a dollar for fifty cents if next year that dollar will only be worth ninety cents?  I keep thinking about this and a few other questions as I've been looking at LICT corporation.  I'm sure most readers have never heard of...

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