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Old 05-19-2013   #3
RawAlex
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Default Re: I didn't think it was possible but...

So it gets better... FFN released their financial reports on the 15th, and the stock promptly dropped to 34 cents a share, even as their cash on hand grew. Why did it grow? But cutting out "lower margin affiliate and advertising spending" - which actually lead to a decline in sales. However, they retained slightly longer, so they made more cash in the short run.

Interestingly, when I looked at their balance sheet, they have one item that made me giggle: domains valued at over 56 million dollars. Pumped up much?
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