Wednesday, January 15, 2014 9:45:56 AM
Mr. Ray Dirks would never put his name and reputation on any company analysis unless he felt 100% positive about its future worth and potential. I think everyone would agree that Mr. Dirks, who is known for uncovering fraud in companies would never promote a company unless he felt very good about it's management, advisors,and business model....(see the write up below).
This is the year for TMMI to sign a very nice contract or two, and we all need to realize that, so please be a little patient and great things will happen---in other words, enjoy the rocket ride. Questions are good---it is good to question, but we need to have a little confidence that management will steer TMMI in the right direction,and I certainly feel that way, and you know what---that might mean squat, but Mr. Ray Dirks also feels the same way about the company---and that surely ain't squat!!!
TRUDEF Sterling
tic tock tic tock
Ray Dirks has been a respected analyst on Wall Street for decades. Ray has written two books,” The Great Wall Street Scandal” and “Heads You Win, Tails You Win”, published by McGraw-Hill and Bantam Books respectively.
Dirks opened his own securities analysis firm after gaining much attention in the financial press during the 1970s and 1980s.
Ray earned his place in the history books while working as a securities research analyst. He got a tip from a disgruntled employee of a company called Equity Funding that this firm had built its business model upon massive commercial and accounting fraud. Most research analysts on Wall Street took Equity Funding's numbers at face value, and recommended the stock.
Dirks, however, began his own investigation, found the tip credible, then warned both his firm's top institutional clients (who sold out their positions) and the SEC. He also tried, unsuccessfully, to interest The Wall Street Journal in the story. It turned out that the tip was right, and Equity Funding eventually collapsed in a manner that would prefigure some of the scandals that have been seen on the Street today.
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