InvestorsHub Logo
Followers 0
Posts 3509
Boards Moderated 0
Alias Born 05/28/2006

Re: None

Wednesday, 12/03/2008 1:19:44 PM

Wednesday, December 03, 2008 1:19:44 PM

Post# of 8728
I have MDOR on my watch list now and just saw the latest press release. I was so amazed how they could use so many words to say absolutely nothing that I had to read it twice.

Didn't the company lead investors into believing they were already filling their contract (not in so many words but if investors optimistically fill in the missing blanks...). How about an update from the company saying the percentage of completion of that contract?

I'm guessing the annual report will come out in four months and there will be another dash in the 'revenues' block. Be careful, people. Companies with shady ties, heavy on the promotion (do I hear flyers to investors now in addition to the PR blitz?) and light on tangible progress tend to leave investors' wallets lighter.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.