Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

Much appreciated, Knife! The UPOD mantra has served a lot of us well both in business and in personal matters (e.g. hints versus realities in holiday gifts we make). Management is responsible for selling not only product but also the fact that they are credible. The story with this company is so good (i.e. trend-leading products in an exploding new industry) that it should never resort to cutting corners in reporting and projecting "numbers," and of course also in touting the stock itself.

You and I are in the same place as we look at revenue growth (bordering on phenomenal, but let's see how consistent that growth will be) and balance sheet (their short term borrowings are something like just a quarter of their market cap - it's the interest rates that hurt).

...and we're also in the same philosophical place that it should not be constituted as bashing when we can point out where management should look within itself for maturation. Price/earnings (and there will be positive earnings!) multiples do improve when management does follow the UPOD principle.

Have a great weekend!