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dpdoor (< 20)

Why are not publicly traded retailers down 30% and traded companies only down 5%



December 22, 2008 – Comments (0)

Either someone is not telling the truth or the publicly traded companies are so worried about showing good revenues that they are spending a fortune on advertising and selling at a loss.

I don’t trust the financial reports of the publicly trade companies. I suspect some make more on investors then they do on products that they sell. They could use the investors money to manipulate inventory. Maybe they don’t show those 20% off discounts. How can they only be down 5% when they have 20% off sells? That would mean they are selling more this year then last year.

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