To: waitless who wrote (51 ) 12/4/2005 11:05:46 PM From: creede Read Replies (1) | Respond to of 736 AWESOME POST waitless. Your post is why this thread has been established. I'll tell you right now that your methods are extremely advanced and quite appreciated....they also tell me what is most important to you...the players. Like is often said, when we invest in a company, we are really investing in the people that run it. What I am hoping to do here is, first of all, establish what to do first in the DD process. Why? Because there are so many companies out there and so little time. I recently spent 3 months researching, calling, posting, etc on one company. It was pretty much all I did. Why? Because I had "bought the promise" instead of doing the proper DD on the front end. At the time I really didn't know what to do, so I bought 2 million shares of said company and then began the DD process....mistake....but, like I said, I knew no other way. Let's create one...a FIRST THINGS FIRST list of things to do to eliminate the ones that are probably a trap. Like I said, I think the best way to approach DD is to look for reason to ELIMINATE a company. This is in stark contrast to what they are wanting us to do....they want us to just "buy the promise" and skip the DD....for me, that's been a recipe for heart ache(and really the correct process in reverse). IMVHO, the best thing to do is go through every trick in the book to find "red flags" and I don't find any, then they MIGHT be a good investment(this is when I may consider all the wonderful news that is coming from the company and the IR Guy....and especially news from outside sources). So the question is, where should we begin our quest for "red flags"? The share structure or the people involved with the company? Shall we debate this question? TIA GodBless-ND cris