Thursday, February 12, 2015 3:03:43 PM
If a company is going to hire somebody what do they ask from perspective candidates? A resume.
If a high school student wants to attend a university what does he have to produce? A transcript.
If a person wants to drive a truck for a living what does he have to provide? A driving record.
Looking back three years is not for the sake that the value is in the past but the past indicates the future.
If you go back three years as I said, you will realize that the company is shrinking; not growing.
You will realize that it has always lost money.
If you go back three years and read the PRs, you will realize that their forecasts have never panned out. You will also realize that they put a PR campaign two or three times a year and that after the rally the stock always moves back to the baseline area.
If you go back to all the financial release in the last five years, you will see the dilution again and again, little by little.
You mean to say that you place more value on statements about the future from a man whose future statements have never panned out that you do in making on assessment first on what the record shows? That clearly acting on faith with an unconquerable desire to see it the way one wants, disregarding the fact.
Now, if you say you are here for the short pull, ready to sell on the next run to whomever is not thinking right, then I understand where you are coming from. But this is not investment grade.
If a high school student wants to attend a university what does he have to produce? A transcript.
If a person wants to drive a truck for a living what does he have to provide? A driving record.
Looking back three years is not for the sake that the value is in the past but the past indicates the future.
If you go back three years as I said, you will realize that the company is shrinking; not growing.
You will realize that it has always lost money.
If you go back three years and read the PRs, you will realize that their forecasts have never panned out. You will also realize that they put a PR campaign two or three times a year and that after the rally the stock always moves back to the baseline area.
If you go back to all the financial release in the last five years, you will see the dilution again and again, little by little.
You mean to say that you place more value on statements about the future from a man whose future statements have never panned out that you do in making on assessment first on what the record shows? That clearly acting on faith with an unconquerable desire to see it the way one wants, disregarding the fact.
Now, if you say you are here for the short pull, ready to sell on the next run to whomever is not thinking right, then I understand where you are coming from. But this is not investment grade.
