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pascal30

09/09/10 11:13 AM

#35713 RE: Staten #35711

exactly

and its not as if they have gigantic debts , no cash and struggling to even make it to the end of the month with this burden of a quarter loss around their beck.

my god, what would the initial investors have thought in Amazon.com after first filings between 1996 and 2000 ?

nope, lets sell it, who on earth would invest in amazon ? costs exceeding revenue ? stay away


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otterman

09/09/10 11:25 AM

#35717 RE: Staten #35711

They have not reported 6 month financials yet, this filing was only for the quarter ending May 31. 6 month to be filed by Nov 10.
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kameeltje

09/09/10 11:41 AM

#35719 RE: Staten #35711

staten, i agree with you, but let me give you 1 example: PSRUE
people bought PSRUE because they thought products were unique,
the CEO was even called manager of the year in Savannah, but in reality he only sold shares to pay his wages
i'm sure this is not the case here, i've even talked with linda perry on the last CC, she's a very friendly woman
all i want to say is that people will not buy as long as they have no confidence that they will be profitable and for now the key word is CONFIDENCE

sorry if i gave you the impression i'm bashing this stock