Some Questions

Boohya!!! to everyone out there.

I am relatively new to investing and I just had a few questions that I hope someone can help me out on. I'm a double major in Accoutning and Corporate Finance. I've been asking my professors and the older students this very question since I started college. The Question being " What specifically do I look for in the balance sheet, income statement, and statement of cash to flow to determine if the company that I'm looking at is worth investing iin?" I have not really gotten a clear cut answer to this question so answer that can clear up my confusion is greatly appriciated. Furthermore, I was also wondering if those things change in a big name company versus a company whose stocks are considered "penny stocks".

Thank you to all.

John Defelice

Re: Some Questions

Posted on 5/18/09 10:45 PM

There was once a book written- "if you meet guru in the middle of the road; kill him". Like truth the answer is relative to time and place- there is no one thing to look at. There are indications that at one time will be right and at another will be wrong. So all the people you've asked have both been right and wrong. Sorry to be so "confusion" , look rather at when to look at one set of signals and at another time to look at another. Go back and ask those who have answered you if there answer is correct today or if it is a different answer than that they might have given you five years ago.

The seeker of truth must ask the question if and why to understand the answer he has been given, grasshopper!