Stocks Will Continue to Erode In This Busted Economy [View article]
RE: "I included a column called "leverage", which is Assets divided by Equity. The higher that ratio, the more obligations or liabilities the company has."
===================== Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?
Wall Street Breakfast: Must-Know News [View article]
RE: "When a company reports a loss, say 10 cents, it is difficult to assess what is meant by "missed by 003" -- does that mean the estimated loss was 7 cents or 13 cents?"
========== Expectation was -0.07. An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.
Stocks Will Continue to Erode In This Busted Economy [View article]
=====================
Your concept of "leverage" is distorted. Apple has $25 BILLION in cash and $ZERO debt. How can it, in fact, be "leveraged"?
Wall Street Breakfast: Must-Know News [View article]
==========
Expectation was -0.07.
An actual loss of -0.10 means an ADDITIONAL LOSS of 0.03, or a miss of 0.03.