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BogeyMan

05/18/08 4:47 PM

#502 RE: BogeyMan #501

The more DD I do on Jim Palmer I would say they are losing money every quarter and need to pull an AERP and print shares to save the company. High revenue numbers mean nothing when you experience net losses every quarter. Just been doing a little reading about the trucking industry and everyone is hurting right now. What do you guys think of this company?
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DERBENSKI

05/19/08 9:14 PM

#516 RE: BogeyMan #501

'MrPennyPincher'

If they found Javelin then Jim Palmer Trucking is being told what they want to hear. Expect high debt and numerous lawsuit share settlements along with a nasty set of financials once the covers get pulled.

Go to the secretary of state where the company is located and check UCC filings to look for any financial dirt that might have escaped your eye.

Derb