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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (41811)	3/17/2011 9:49:03 AM
From: Spekulatius	1 Recommendation Read Replies (3) \| Respond to of 78973

re GFRE - >>In March 2011, the Company’s internal control consultant Deloitte Touche Tohmatsu (“Deloitte”) issued a final report regarding the internal control assessment performed. A follow up assessment was conducted in February 2011, based on which the Company has put in place measures to improve its internal controls in relation to the improvement areas identified by Deloitte.<< Something is wrong with their timelines <g>. I also think the lack of stock buybacks is very worrisome. They can produce all the earnings they want on paper, if they don't back it up with real cash (dividends, buybacks) , these earnings and the cash they claim to have are "clownbucks" and worth as much as monopoly money. sec.gov