The Motley Fool Discussion Boards
|
Previous Page | |
Stocks F / Friedman's Inc. |
||
URL:
http://boards.fool.com/ykoops-thank-god-somebody-besides-me-at-the-fool-20799592.aspx
|
||
Subject: Re: Friedman's Falls Again | Date: 5/21/2004 12:59 PM | |
Author: Buffboy25 | Number: 27 of 28 | |
Ykoops, Thank God somebody besides me at the Fool is paying attention to this company. I'm feeling like a resident of the desert island 'Moronville' for investing in this company. Luckily, I've only been watching since January 2004 and didn't invest until early May at around $4.73 a share. I was expecting a major restatement of inventories, accts receivable and possible entire write-off of the Crescent investment. At the price I paid, I thought I would still be (ok) considering a fair statistical margin of safety. I am exceedingly anxious to see the SEC restated numbers. This doesn't appear to be THAT BAD of a business. All FRM investors, including Mr. Cohen, must be piqued by the management's foul behavior. If I learn anything more, I'll try to post in on here. Buffboy |
||
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us |