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Re: risk-reword post# 22293

Friday, 05/25/2012 1:24:55 PM

Friday, May 25, 2012 1:24:55 PM

Post# of 53376
You'd need to look for signs of industrial activity and confirmation of numbers of workers. Try to take photos, because you probably won't remember everything you see in detail. In addition talk to the managers and workers at all levels.

Examples would be number of wooden pallets with the names of know customers stamped on them, volume of trash in the dumpster, number of workstations (how many have personal effects next to them, how many are idle), number of cars in the parking lot at the beginning and ends of shifts, volume of supplies in the storage area. People go out for lunch, so speak with the local convenience store owner to see if you can get a third party opinion, etc.

Those are things that are hard to fake. For example, if there's limited production on a sustained basis, then you won't see many supplies in the storage area. That would be confirmed by limited cars in the parking lot and a limited number of used workstations.

Read the 10-Q before you go. Basic idea is you want to verify visually with secondary confirmations what management is telling you on paper.



If the TA is gagged you can bet it's not in the shareholders best interest.