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Y U Axing Me

02/28/13 12:42 PM

#86896 RE: growthstocks #86895

If you bring your financial statements to a business valuation expert written on a cocktail napkin, I doubt you'll get the valuation you desire.

Yes...exaggerated example, but fitting.

A competent business valuation professional (any around here?) should be able to see that the company's financials are not reported properly. Now, it depends on whether he (or she) is interested in sending an invoice or providing a proper valuation to determine if the financial statements being improperly presented will affect the valuation.

Good luck to you, Kaos.
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Y U Axing Me

02/28/13 12:44 PM

#86897 RE: growthstocks #86895

Accounting rules have bs worth to a businesses stock when other more relevant and apparent things spell out HUGE GROWTH.


I remember seeing the term "Sophisticated Investor" thrown around here. I suspect the unsophisticated investor would agree with your statement.

Good luck to you Kaos.
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Sharkey

02/28/13 12:46 PM

#86898 RE: growthstocks #86895

You may think accounting rules are BS, but I would guess that because DA is not following them, that is one of the reasons the stock price is where it is.

Don't you think it would be worth the little extra effort and money (now that we should have plenty) to fix these issues and see what it does for the stock price? I would guess that it sure wouldn't hurt the stock price if he followed those BS rules.