Negative Positive
Title: The Magic Formula website
Review: Listen up folks! I too read this book in a couple of hours and ran to log into the magic formula website. I punched in a market cap of 175 million and the very first pick American Service Group (ASGRE) has not only declined 50% in the last 12 months, but filed a 10K in November regarding an internal investigation that led to the firing of its top brass. Another on the list, Jak Pacific (JAKK), is a toy company that is lucky to have an ROA of 8 and a PE of 10.The ROA and PE analysis of companies is a fundamental necessity for anyone wanting to pick stocks for their portfilio, but beware the website...someone is not doing their homework, or it's a scam.D. Baro
Is the review positive or negative? 