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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (40443)	12/7/2010 3:17:57 PM
From: Spekulatius	Read Replies (1) of 78742

re GFRE - i think management not doing what it said it would do is bother some. the other thing that is missing, is the report from Deloitte & Touche, which they appointed to look at the internal controls. the latter was announced in Sept. 10. So far, there is no announcement regarding the results. Both the stock buyback and hiring a respectable accounting firm to look at internal controls (not an audit of the balance sheet, mind you) were the reason for the bounce from the 6$ range. Since they apparently do not follow through with any of this, I can understand why somebody has the urge to sell. That is too yellow cards actually. In soccer you get sent of the field for that. I think holding GFRE now is more risky than in September.

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