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Pacific Sunwear of California Inc. Message Board

  • kbarake Aug 30, 2013 8:04 AM Flag

    Where is the message board troll GWConcord to correct me???

    I thought you said psun was selling out and going to have a decent quarter... They lost more than this quarter last year after derivative liability... 19 million is what I read with a negative EPS for next quarter BEFORE derivative liability for that quarter... Told you this stock is gonna tank... Watch the next 3 months... This is just a friendly I told you so...and you were completely wrong...

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    • You're in for a big surprise this morning. My guess is we won't hear from you anymore

    • You obviously still need correction since you still are acting like you don't understand how the derivative liability works. When the stock goes up in value, the "loss" from the liability goes up, too. It has no impact on their actual cash, which is why the people who understand what is going on are looking at the non gaap number which was a profit. That's why the non gaap numbers are what the analysts use and why all reports talk about them beating expectations last quarter by earning a non gaap profit, when you said they'd be unprofitable. However, why don't you explain how you think the derivative liability works? This should be entertaining.

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