DukeCrow
I understand that the SEC filings contain more information, which is why I appended the caveats to all of my posts on FLM. If I thought going to the filings for this company was worth my time and effort, I would have done so.
I look at a lot of companies during the course of a week and I have only a limited amount of time and energy to apply to finding great investments for myself. Because of this, I have certain time-saving preliminary screening tools, of which "Yahoo Financials" is one. If a company doesn't make it through the preliminary screen, it's onward and upward in the search for another.
FLM wouldn't have warranted a look past my initial screens, but someone else here was posting how wonderful they thought it was, so I decided to take a quick look at the cash flow. It sucks. Somewhere down the road, if this or that happens, it may not suck, or it may suck worse, I don't know and I don't care. You wouldn't believe how many "stories" and "potentials" I've bought into over the years. By and large, my experience is that the majority of the "potential" doesn't ever get actualized and the "stories" have unanticipated (and usually sad) endings. I buy performance these days.
You may very well be accurate in your assessment of FLM's potential. If you have money invested in them, then I hope you are correct.
If you like the company, by all means don't let the opinion of some stranger on the internet poke a hole in your balloon.
Regardless of how I may sound, I wish you all the best in this endeavor with FLM. It is just not anywhere close to being something that would be of any interest to me.
Timba |
