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Thursday, May 31, 2007 7:17:05 AM
That's a good thing, because the company's press releases require huge leaps of faith, whereas nothing I post begs for "belief". Anyway, you'll find your financial interests best served if you leave belief in your place of worship and seek out facts in the marketplace.
"Do some honest DD and you might learn something." I wish people would quit throwing around that "DD" stuff when most of them don't have any idea what it means. The last thing that happened here that would qualify as "due diligence" in the corporate world was when Crow visited Kosciusko and reported what he saw there. He hasn't been forgiven yet, of course, for being accurate in his observations. People who won't discuss the financial statements should not pretend that they are interested even in light research, let alone "due diligence".
"This company might not make it but they have a lot better chance than most." Factually, this company has almost NO chance of making it without drastic changes to its ownership structure. I hope you're not playing the company when most of the people here are just playing the stock and the other players (and freely admit it).
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