InvestorsHub Logo
Followers 38
Posts 4890
Boards Moderated 0
Alias Born 12/30/2004

Re: Bobwins post# 11323

Thursday, 05/12/2005 11:09:26 AM

Thursday, May 12, 2005 11:09:26 AM

Post# of 173781
Whai.ob
I'm surprised a brilliant former banker bought into WHAI on the earnings report. They had preannounced 1st qrtr earnings at 8-10c in a recent CC. They hit the low end of that AND one-third of that was due to a one-time item. Current liabilities exceed current assets by a large margin. Toss out the goodwill and intangibles and they have negative stockholder equity of $35 Mil.

Medical staffing seems like it would be a great industry to be in but others are having a difficult time at turning a profit. Take a look at MRN. With a huge shortage of qualified people, it is difficult to hold onto good people.

Maybe I am missing something but other than the promises of an unproven management team, I don't see much to hang my hat on here.

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.