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agribusiness72

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agribusiness72

Re: steve5 post# 4049

Wednesday, 06/01/2011 7:47:23 AM

Wednesday, June 01, 2011 7:47:23 AM

Post# of 6560
You must still be careful, Enron had SEC filings, Lehman Bros had them, and look where they are now. SEC Filings of Possible JV's are not as important as the quarterly and annual financial statements. These, to me, hold much more weight than any other report. Jv's can fall through for numerous reasons, not having money is one. 10Qs and 10A's must be audited by a third party verifying accuracy for me to consider them valid. Just remember:

The person using blind faith can't see where he's been, much less where he is going.
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