my broker says, page-21

pisces is right and to some degree BBB is right as well.

When its a dream, people buy the dream. When its reality you need facts/figures/cash flow reports/audited profit/loss statements etc. to prove you are doing well.

The thing is if you can find a company that is midway through 'proving' itself but it valued like a failure that is the lowest risk way of investing.

Best example of this recently was GDO. CCC is nowhere near as clear cut as GDO was late last year, but it is slowly heading that way. Clear cash flow statements would really assist in proving this, I know alot of posters are in contact with CCC management hopefully someone will let them know that clear cashflow statements would be beneficial