LoJack Stock Flat...Or Is It?

(via barelkarsan.com)

LoJack (LOJN) stock trades today at exactly the same level it did two months ago. But in the last two months, it has experienced some wild gyrations, having traded almost 25% below its current price, and over 50% above its current price. Has the intrinsic value of this business really fluctuated so much since March 1st? Highly unlikely.