Tuesday, August 28, 2007 11:09:47 PM
Sad to say, but there's just about nothing that will change my mind about this company other than a PR saying the deal fell through. Really find that scenario hard to believe considering the credentials of management and the fact that Tom is one of the Wisebuys founders. For him not to know beforehand what the audited financials will show is a pretty far stretch and weighs significantly in the risk vs reward arena, IMO. I think the problem is that not enough people have done any DD, they've been exposed to this because of maybe message board ratings or some other method and decided to follow along with the crowds. As such, their impatience and time frame dictate their trades and limit or eliminate their profits.
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