Saturday, July 31, 2010 7:33:59 PM
That new car company just went public at about $ 20. I'd rather be selling our products than thiers.
This is going to be an exciting ride. If these officers are honest, then we are in. If they lie and cook the books, then we got problems. From what everyone reports, these guys are on the up & up and are real. So there ya go.
Again, without looking at the financials we are just crossing our fingers and gambling. Once the financial are in, then others will either jump on board or abandon ship.
I am an accountant and the financials are the key. When you go and look on line for statements and find nothing, it is scary, thus under a penny. If you go online are find financials that say we are making money and the debt load is light, then the stock flies.
So really until the financials come out (audited) we can only discuss our thoughts and feelings. I have over 8 million shares, so you know which side I'm rooting for!
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