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sammyk

04/03/11 9:30 PM

#189528 RE: NOBO #189527

i think W was spending the money on expansion possibilities in mind.. Spend the cash on expansion to grow, get more subs, have the better product, it all cost money... unfortunately it cost more and i guess the financials were not enough to support the HOW big W wanted to grow.. or there were mistakes made that Cost money , and to re-due some things over took a hit on the cash flow ... IMO...
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skyking4130

04/03/11 9:32 PM

#189529 RE: NOBO #189527

Well I'm glad you admitted that you also had the same assumption. It's in the post history... I understand that they didn't lie technically, and I agree. But it mislead some pretty experienced investors and that's a problem. It's the same with their "approaching 50K statement and on target for 100k..." The financials weren't what any of us were expecting, and our expectations were being based off what Watson was telling us. That's a problem. In my line of work, if I lead my boss to believe something anything other than what it was (truth or not), that would be the end of my career hands down.