PA asks: 'Mike, With all due respect, can I ask why you place so much emphasis on RM's analysis?'
You most certainly can ask and here is my reply. I don't have pay TV and discovered RM via Eureka report. He made me aware of certain fundamentals esp 'operational cashflow'. Roger's formula appeared sound and virtually foolproff. I noticed he rapidly gathered a massive following and i bought/shorted a few stks he recomended. Then MCE, DCG and others came along and substantial losses followed. I still read RM's stuff and thought I'd quote his latest IV re WOW. this is a massive drop and i can;t fathom how RM's formula has produced such a large drop while stats from WOW have delcned by ROE and others have stayed high. hence, i now use RM for quotes/source of info purposes. Is anyone planning to subscribe to 'SKAFFOLD'??
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