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Re: 10 bagger post# 1547

Tuesday, 03/22/2005 8:18:59 PM

Tuesday, March 22, 2005 8:18:59 PM

Post# of 33753
10bagger, re GFCI

I didn't question HOW they could lie...I see that on an almost daily basis in the penny stock world. I'm wondering WHY they would. Your comparison to Enron and Worldcom further illustrates this point...those companies had to cook the books to keep Wall Street happy and their market caps in the billions...so insiders could cash out at obscenely high valuations.

But what's in it for GFCI? An empty shell that embarked on an acquisition strategy in the energy services sector would probably trade higher than .34. So why even bother with the phony financials? They're certainly doing nothing to benefit the stock price. So why risk jail time if there is no reward in fabricating the numbers? I guess that's what I don't understand.




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