Cramer is a fraud. He had been pumping this co $LINE before the SEC decided to investigate it and the stock tanked. Now he has been completely silent on it. That should tell you everything you need to know about him. Do you really think he knows enough about all these companies he talks about? No he doesn't. Ignore Jim Cramer. Only a know nothing retail investor would get sucked into his nonsense.
~~~ Dinx ~~~ ok you were getting back at me, I get it. You never did tell the board here [not the BOD] but the message board what you are investing in. I already know IBM because I see your posts. But why all the comments on fr and why all the analysis. I have tried to figure you out however that isn't going to happen unless you come clean with your investments
Dinx will you please stop with the prayer thing. That was your doing, not mine. It's not my prayer that was yours. If you want me to go over to the IBM board and start making comments I will. Von is right and you don't need to be little him for his comments either. a s hole :)
Warren says he takes minority positions in companies who treat their shareholders with reverence.
FTR would never be on Buffett's radar screen -- for a lot of reasons but one big one is how executive management is rewarded big for miserable performance. FTR is a payroll machine run by a clique for the clique. Public shareholders come last -- 90% of max bonus payout for 2011 when the stock hit a rock and listed over in the water like an Italian love boat.
Glittering generalities like Warren's quote applies to undervalued & overvalued assets when markets go thru a sea change. In either market condition, FTR is a dying enterprise that can't preserve the lines they have purchased. The goodwill of $6.4b is a ticking time bomb which will get a write down and the retirement funding gaps are over $1b. If FTR can't nose up and find some assets that will generate revenue then its remaining equity will continue to shrink each quarter.