Strictly: Oil and Gas Exploration Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark who wrote (171)	4/24/1999 7:35:00 PM
From: William JH	Read Replies (2) of 318

If I may make a suggestion - in case you are not already doing this, I print out the 10K's and 10Q's (annual and quarterly reports) from the SEC web site,of companies I'm interested in and go over their financials and etc: sec.gov It is very time consuming, but worth the trouble. No company is going to tell you that they may not make it as a going concern until you have already lost most, if not all, of your investment. I don't trust analysts opinions either - they are always bullish if their company is doing a secondary or debt offering for the company in question. Much of the financial info on Yahoo is old or inaccurate. For example, they show PETD as having $2.25 per share in cash. But the PETD 10K shows that they had $13 million at year end 1998, which is more like 80c. I own PETD, but if they had $2.25 in cash you could buy the whole company for $1.50 per share - I don't think so. JMHO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next