Jin,
Come on. Really. You're one of the smarter people here.
You would have to quit your job to point out all the examples of "not shooting straight" here. When Jonathan presents "proof" about Jamie and I being the same person, a lie he really had to reach for, you remain silent. When Richard Davis attacks a poster (Lurker, if I remember) for being a lay minister, you remain silent. I don't remember you saying anything about Dexx's calling people "pathetic" and "alley lickers." I could go on... but like I said, it would take forever to list everything glossed over here.
I could say anything here, without notice, if I were willing to say only nice things about the stock. Even calling people "stupid" for buying at the bell, perhaps...gee, how could anyone take that personally?
Hype heals all wounds, I guess.
That said, I'd rather talk about the stock. I think the lack of an ability to get things done, even three months after you claimed you would, adds to a credibility problem for any business. I fail to believe that Ira and Arif are the only two managers for FAMH. I did not think Ira was: A) the CEO, or B) the only person in the world, or even the company, who can get the two offices open. If they have so little time, and so much cash and wisdom, hire someone who can do the job already.
Everyone seems to think the acquisitions will come for free or something. They have 41 million shares and haven't even begun to borrow on the $12 million?
So by the end of the year, there would be what... 60 million shares? And that won't affect the EPS? Paying back $1.5 million to the IRS... won't affect the EPS? The possibility of not opening the Miami and Long Island offices for a few months won't hurt their revenue projections?
Comparing FAMH financials, which nobody has checked yet, to those of any single listed, audited stock is impossible. Comparing them to the rest of the temp sector is helpful, however. Nobody has found a temp agency making 15 percent net margins in a year from recurring operations. So it is incredibly difficult to swallow FAMH's 30 percent claims. Especially if FAMH won't back them up, even informally (still waiting for the Feb. 23 press release on this).
Of course, I'm a bad boy for posting a "press release" so laughable that people might even believe it came from Firamada. Tells you something about this company.
|
