InvestorsHub Logo
Followers 88
Posts 20611
Boards Moderated 0
Alias Born 06/16/2006

Re: looneystocks post# 42554

Thursday, 05/09/2024 2:31:14 PM

Thursday, May 09, 2024 2:31:14 PM

Post# of 42620
Regarding following FMNJ financials, this was always a difficult task to understand. The company's proposed ventures into areas far afield of their stated business such as airlines, oil and gas, hydroelectric, selling gold, etc. and costs for these purported ventures made it difficult to take the financials other than with a grain of salt. What could be believed? Over time the fact that over the years not one venture fulfilled its stated promise caused a lot of us to disregard financials and new gambits. Nothing ever happened that was promised. Therefore, why would financials matter?

Trueheart