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Thursday, March 31, 2016 4:49:32 PM
SPOM (and all public companies) have a duty to report ALL material info in their annual and quarterly filings.
What I consider true positives are:
ungagged T/A
no toxic debt
PRs and 8Ks on all material news - good and bad.
I'm not sure I've ever seen a pinkie come close to all 3, most don't hit any.
I'm not expecting SPOM to be the exception that proves the rule, but I'll jump on board if they do.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken
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