Who Is The Biggest Trader On ET ?

Well, then he's incredibly FOS. Making 10's of millions a year and only valued at $25MM? Hmmm.

Do you know anything about private businesses ?

The magazine lets say did 10m in revenue, typical profit margins are 23% for media companies.

2.3m in profit based on an estimated 10m revenue is a 10x+ valuation which is already to high.

The magazine probably had 20m in revenue and somewhere around 5m in profits for a 5x multiple.
 
1. If one is calling a bottom they buy pure puts, not doing a butterfly. Pussies....
2. Balls depends on AUM. If AUM is a billion, making a 5 million dollar bet is nothing...
buying puts at the bottom?
 
Do you know anything about private businesses ?

The magazine lets say did 10m in revenue, typical profit margins are 23% for media companies.

2.3m in profit based on an estimated 10m revenue is a 10x+ valuation which is already to high.

The magazine probably had 20m in revenue and somewhere around 5m in profits for a 5x multiple.


You're a rare idiot.

You stated that the mag was "making" 8-figures. WMT earns about 3% on revs. They don't "make" $450 billion a year. There is a cost associated with that box of Cheerios.

Do you count the Wendy's franchise revenue when you receive your paycheck for working the drive-thru?

The mag NEVER turned a profit. IIRC they had revs under $3MM. Under three million dollars. So their revenue was a fraction of "8-figures."
 
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You're a rare idiot.

You stated that the mag was "making" 8-figures. WMT earns about 3% on revs. They don't "make" $450 billion a year. There is a cost associated with that box of Cheerios.

Do you count the Wendy's franchise revenue when you receive your paycheck for working the drive-thru?

The mag NEVER turned a profit. IIRC they had revs under $3MM. Under three million dollars. So their revenue was a fraction of "8-figures."

LOL chill.
 
You're a rare idiot.

You stated that the mag was "making" 8-figures. WMT earns about 3% on revs. They don't "make" $450 billion a year. There is a cost associated with that box of Cheerios.

Do you count the Wendy's franchise revenue when you receive your paycheck for working the drive-thru?

The mag NEVER turned a profit. IIRC they had revs under $3MM. Under three million dollars. So their revenue was a fraction of "8-figures."

http://www.foliomag.com/2009/breaking-doubledown-media-shuts-down/

From press release revs for parent were 12MM at peak and that was for 4 magazines. My guess is that Trader Monthly was the biggest part of their revenue base but unlikely 10MM.

The parent co only hemorrhaged money.
 
http://www.foliomag.com/2009/breaking-doubledown-media-shuts-down/

From press release revs for parent were 12MM at peak and that was for 4 magazines. My guess is that Trader Monthly was the biggest part of their revenue base but unlikely 10MM.

The parent co only hemorrhaged money.

They never had revs exceeding $7MM, in fact, much less. I cannot go into details, but the subscription revenue was a joke, among other revenue sources. A shitbag of soft-dollar BS. They went from a chart projecting like 50% YOY top-line projections to shuttering the office, inside 18 months. They were fucking pushing that Dykstra thing as a huge synergy. omfg.

One of the guys being pitched was this billionaire from telecom. They used the term "reciprocal comp" to discuss this soft-dollar magic, and he literally walked out at that moment, laughing, as it's apparently purely a telecom-term.

I don't know when they talked to MD, but at the time the revs where around $3MM for that toilet paper and the audit was suspect. Anyway, a far cry from earning anything. This site is populated with retards who believe VIX is a breakfast cereal. These threads are surreal.
 
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