InvestorsHub Logo
Followers 16
Posts 3461
Boards Moderated 0
Alias Born 03/18/2011

Re: soxfan_21 post# 10483

Tuesday, 11/15/2011 8:50:11 AM

Tuesday, November 15, 2011 8:50:11 AM

Post# of 80868
It could... or it could have just been a rented warehouse. I am having trouble finding any headquarters that is not a PO Box, which always concerns me a little. I like to see a B&M building, particularly when they spend $750,000 on Furniture and Fixtures... and another $200,000 remodeling the space. That they boast this space so prominently, I am surprised we can't find it.

Once again, I am looking at buying, but trying to answer the questions that bother me. Being a realist, I understand a company at these levels will not be perfect and this company really seems to have the marketing side of things down, which is HUUUGE and awesome.

The other one that really bothers me (other than 0 cash) is the posted GAIN from Interest and Derivative expenses, which seems odd to me. They are making money off of the loans they have taken out? I might not be understanding this correctly, but this appears very odd to me. Really, if these two questionable were 0 instead of positive, they, the Net Income would move from positive to not so pretty.


Is the CEO's great marketing offset by irresponsible spending and fancy 10Q reporting?