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Re: john wayne post# 6968

Wednesday, 02/13/2008 1:03:09 AM

Wednesday, February 13, 2008 1:03:09 AM

Post# of 34115
LOL well I just got out of class a while ago and not sure why I delved into FNMM balance sheets maybe because my teacher was talking about people who invest in stocks but never look at there financials(not that it matters in these crappers anyways). But just going over the numbers and like I said this is pure chart play but one of my favorite analysis on companies like these sheets is Cash per share which is very important for POS'S like this who need cash to continue day to day operations. Anyways usually when a stock is trading below cash value that is a plus and JW you will be glad to know that I calcualted cash per share right at over .07 :). Also I know skip and TC like this calculation and did there Current Ratio "Acid Test" and came out to be 19.52 also very very nice actually one of the highest I have seen. Okay I am done lol, this will go when the MM's are ready to let it go and imo today was just them winding it up for the show.

go baby go

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