cartledge

Why I Don't Think Genco's Prices Will Reach Prior Highs

I didn't read the wall of text above in either the article or the first comment, but I know that the loss on JIN stock in GNK possession is accounted for on their balance sheet already, it will not be recorded on the income statement until they make a sale at either a loss or a gain, but from an asset and equity position, it is already accounted for.