Carol, I too have the financials. I don't mean to be holding out or anything. I don't think several on this thread can handle it. They want them to say that C$MA has made $2 per share. Sorry, its not there! For an example: Today I was speaking with my bookeeper. She is all upset over the lack of cash she preceives to be "in" the company. Little does she know the contracts I have just signed are worth another $400,000 to the company. And she's worried about the lack of cash flow! I get a heck of a kick from that! (Besides the fact that I took $28,000 out to buy stocks the last 4 weeks)(Don't tell her!) The first quarter we LOST $8k; the second qtr. we made $23k; the third qtr we barely made $7k; But this qtr still not finished yet, we should make beween 40 and 50 thousand. Now should I be worried? That may not seem too good to you but hey, I own the company, I know exactly what's going on!! I could bore you with more details of why the 'swings' in income, but I won't. I'll put someone on the spot here (maybe) But ask David M. he's in a similar business. He might have the same 'swings' as I experience.
Why do I tell this story? It's to let you know, It's not where you start, its where you finish!
These small stocks are up and down quarterly sometimes. You have to 'know' what's going on to see the 'real' picture. Look over the entire scope of things, get the feel for what's going on, get the facts stright, Then...make YOUR decision.
MY opinion is just my opinion. Take it or leave it. Whatever I decide to do is up to me. But I am doing my own research. I've talked to Mike myself. I've got MY opinion.
Hope I didn't bore you.
Happy investing!
KZAP |