GREY:FEVCF - Post by User
Comment by
staolinon May 14, 2009 12:55pm
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Post# 15993158
RE: Poor Mr. Reed
RE: Poor Mr. ReedI assume that people are coming on board because they either:
1- Read the same numbers I read and think that Forterra is making a lot of progress.
2- Receive different numbers than are publicly available and think FTE is worth throwing money to.
I don't know if they are doing things badly. However, all the publicly available numbers are/were extremely exaggerated/unrealistic or they don't reconcile with other numbers the company has released. Anything beyond recognition that their NR numbers are sketchy is pure guessing.
However, based on the quality info that I have seen I do not like the possibilities that my semi educated guessing is seeing.
I would still buy FTE stock if I were basing my decision on the product and the product potential. But at this point I am questioning the capability and forthrightness of the management based on what is publicly available. It would be nice if they would give enough information to prove me otherwise.