Replies to post #475 on China Armco Metals Inc. (CNAM)

[realfast95]

Where do I get some of those rose colored glasses?
Is that what they give out at Purdue these days?

They snookered investors into paying for their financing based on a huge forecast in which they have yet to deliver while blowing their existing business.

$140 million with net income exceeding $8 million.

So does $40m drop = 1 month? Does it mean they will have no revenue for the month? Or does it mean it was going to be in excess of 40m for the month?
Or are the blackouts meant to disguise their lowered forecast anyway?

Under promise, over deliver = a good investment!