Lannett's net debt is only $450M so if they were to rebalance short-term assets theoretically LCI could retire almost half of the current debt. The short term asset load is costing 10 percent on every dollar.
Total Current Assets=527 M
Receviables=250M
Inventories=150M
Cash=99M
Current...
Yes I agree that's the initial allure before you build subscribers; but after your pulling in 500k a month the downside to such a play is you will lose students in the long term as they lose money.
I believe most of the trades executed and streamed are paper simulations in real time. When you make over 400k a month in subscriber fees; trying to grind out 20-50k a month trading while risking your reputation is silly. Do these guys like Ross Cameron push these penny stocks because it...
Well to put it bluntly, I wish I began trading with less monies. I used to play no limit holdem quite regularly online and when it was banned in the U.S. I was forced to filth with the decay of western society ala brick and mortar casinos. Derelicts and destitute aside I made great friendships...
I fear I cannot answer this question without indicting myself with a priapism of snobbery and detachment from the gentry. Will you gentlemen afford me latitude and character protections should I explain?
The primary reason money managers say day trading is impossible, sans the obvious moral hazard, is due to economies of scale against daily floats. Retail traders have an enormous advantage managing accounts up to 5-10 million in trading relative to the viable churn of equities and their...
It is a very good indicator accompanied with moving averages of support and resistance levels intraday. For example the VWap last Friday on Teva at 19.30 after 1 pm along with the SPY suggested despite a price decline to 19.11 that it would test the Vwap before the end of the day
I think that short term horizons such as scalping or swing trading long and short is very difficult. Those that can do both have very good risk management skills