Lonnie, I respectfully disagree. It sounds as if your comfort zone has crashed more like a crumple zone, and that is your perogative. I just think that this thread is getting impatient. I am as anxious for the financials to get out for public review as anyone else. If anything, it will put a nail in the coffin of those that have speculated that the company is a scam, or unprofitable. As others have said, I think that it is more telling to see how the company has been fairing in the first quarter, and even more so once the revenue from the Myriad operation as well as the Workman's comp division start factoring into the business.
IMO, the thread at times put's a magnifying glass up to it's face while walking in the forest. If you step back, in November everyone on this thread, and the one before it was getting excited that this small staffing company, with 8.5 Million in annual revenue would grow well and that it seemed undervalued with 20MM shares outstanding. Even though we may have more than twice the original share count, the overall annual revenue base has grown by at least 1000 PERCENT.
I realize that everyone here is impatient, or feeling as if they have been swindled, etc...but IMHO, this will play out shortly better than anyone is expecting right now. Time will tell I guess, but my money is still on the table.
Jin. |