$4.5B in recievables. How much of that would you think is uncollectible, stuck in the dot-coms. Or someone of that amount already transferred to Seneca. Or did they get the cold feet?
$4.5B seems to be an awful lot of recievables.
Does any of the longs respond to that?
I know, I think they really pissed off Stockup
with all El Cap's nonsense, I've never seen him post that much in one day. It's usually me that gets angry and turns a 8 hr work day into a 12 hr work day. I'm done with that, Shorts can bark all they want it doesn't change the fact that this stock is moving in our direction.
Cap is on to something with Receivables, but it is beyond the grasp of all the "longs" on this board.
Don't forget to use the 15 percent discount on employee stock purchases, you are going to need it!
It is a awful lot of recievables and if you knew the company you would know that no recievable is carried over 1 year. In other words they right it off as uncollectable. The % is small and can also be found in the annual report, but do your own digging I'm still waiting for the Carribean.