Message Boards

DRiPs for U.S. Investors
Moderator is George L Smyth

Date: 1/2/2009 10:08:07 AM
Frequently Asked Questions
Author: nic1 Country Flag
Subject: 16441/21961 - Re: Chuckie Picks Brystol-Myers Squibb
<= Previous              Post Response              Post New              Next =>
Message:
Chuckie omits the essentials.

He fails to mention that in the last quarter, the long term debt has gotten bigger. He insists on more cash from the sale of part of the business. Not that it is a bad thing but you really want to see cash going up from regular business.

Also, with all do respects with what the company thinks it can do to clean up internal process, I wouldn't base my appreciation on it. Companies are sometimes too positive.

I'm not saying that the company is a bad one but I think that this review shows why you always should be careful of "advisors". I’d have a look at the complete balance sheet before making a decision.

For the record, I don't own any BMY but might be tempted.

 
<= Previous              Post Response              Post New              Next =>

Support DIRC - Buy Amazon
Books purchased through the links in the Books section help support this website.
Even if you do not buy the linked book, any purchase where you originally got to Amazon.com through the link is beneficial.
Your support is appreciated.

Author Profile
  Number of Messages Past Six Months: 0
  Location: Gatineau
  Fav. Companies: EDV, GAZ Metro, SWS, UUU(non-drips) plus my drips
  Inv. Style: Little by little, build my portfolio...
  Website 1 : www.xkcd.com
  Website 2 : Divestor.com
 
(Number in parenthesis is unread messages)
   DRiPs for Canadian Investors (39188)      Beginners Corner (19550)      U.S. Money and Tax Matters (4892)      Canadian Money and Tax Matters (9278)   
   Stock Talk (19931)      Overlooked Stocks (3217)      MoneyPaper Specials (2623)      Share Exchange (35167)   
   Brokerage, T.A., & Bank Accounts (3410)      Bugs and Recommendations (3159)