I'm worried but get my trembling hands steady from the fundamentals in this company.
At a price of $23.45 the stock is tarding at a current PE of 12.9 and a 2009 PE of 9.61. THAT IS SUPER CHEAP CHEAP CHEAP!!! It just report revenue growth of 141% and is growing earnings 35% 2008 to 2009. Cash flows improving with acquistions paid for and advertising growth in China a booming sector.
YOU CAN NOT FIND A STOCK WITH BETTER FUNDAMENTALS.
YOU WILL NOT SHAKE ME OFF THIS STOCK. I'LL BE SELLING CANS INORDER TO EAT PRETTY SOON...BUT I WILL NOT SELL THIS STOCK.
EXCUSE ME WHILE I JUMP OUT MY WINDOW ....ITS ONLY ON THE FIRST FLOOR;>0. PAUL
[a lot of us respect Mardob55, Paul, etc for their insights and patience in educating the folks on this board.]
The guy deceives you. He knows NOTHING about this company, and, if you suspend your prejudices and read what he says, you'll be able to discern that the guy is a pathological liar. I characterized it in a recent post. I got nothing but total stupidity because I exposed your little tin god as a fraud.
[I am recent to FMCN board]
[Honestly I have not been able to get any useful information from your posts.]
And you won't be able to because you don't know the company, don't know what I've written here over the years, are prejudiced to fools, and have no discrimination between what's true and what isn't.
[Why do you think Chinese companies are more transparent than American companies?]
I've been following American companies for more than 40 years. Over the last 10 years I've been closely following Chinese companies. The Chinese bend backwards to reveal as much as they can. They know they have a good story to tell. In contrast, the American companies hide a lot because they know they have no good story to tell, and are intrinsically unprofitable, all due to the war on wealth waged against them by the 'crats.
[2. Can you explain what this 'game' is that you are refering to?]
No. Over the last 10 years I've made thousands of extended comments about it on these Yahoo boards. As a seasoned pro I know the machinery. You idiot amateurs can't believe what I've told you in the past because you're too fucking stupid and prejudiced, so I no longer will tell you a thing.
You seems like a person who had been around the block a while. The markets can be very irrational. No one can really predict the lows. We have all seen ridiculously crazy prices in the past. There are stock that I have riddent all the way to zero before I learnt my lesson.