To: Dave Gore who wrote (21177 ) 6/24/1998 11:52:00 PM From: Little Engine Read Replies (1) | Respond to of 27968
Dave, how long have you followed the stock market? Do you think that just because a company turns a profit, their stock will double the next day? I hate to burst your bubble. If the earnings are all one-time gains, they will not be looked at kindly.This is what you posted, and what I quoted: <<<<DO it! Post it here! Can you find ONE of your under $1.00 stocks that is earning over 1 cent per share? Can you find a single one? Any of you?>>>> I found dozens , even though you asked for only one. You did not ask someone to look at every single BB stock in existence, sift out those under $1, and examine their earnings. That's impossible and you know it. You also said: <<<The stupidity of some people amazes me. >>>> .... and called Dave Brown's post "completely idiotic," which it was not. If FAMH does fails to meet expectations, once again, it will hurt the stock. Period. He was completely on the mark. What a great way to win friends and get information you have. How can you show that the "vast majority" of BB stocks lost money, when at least 90 percent don't issue financials? Since I can't prove it one way or the other, here is my answer: I don't know. Since FAMH has delayed their financials for months on end, I cannot begin to speculate if they made a profit or not, or whether it was all, or mostly, one-time gains. If they "lost a few million" as you said may be the case, then there are tons of BB companies like that. If they actually made .10 per share, you do know that is based on the number of shares they used to have, right? Not the grossly inflated number they have now? Here's a research project for you: Compare what FAMH might have to LGTK's actual numbers, including book value. Back your assertions up with facts. I did.