Allen, you're right> 42% IS long term debt, I'm still looking for clearer numbers.
Someone else was arguing about the percentage of debt and I had just seen the figure while surfing, but hadn't looked into it thoroughly. (I still need to look at the numbers closer) At any rate it was somebody else who threw out the vague "alot of debt" noise. I at least had a number. (or at least, a LESS vague number)
As far as the "noise" being generated on this thread, I must admit to having gotten caught up in it all. I have tried to be one of those that post "thoughtful, polite analysis",as you put it, but it's hard to remain civil when one gets shouted down so often.
I see posts that ARE ignorant and idiotic and wasting my time, so I say so. I only hope that those of you who are familiar with me and should know better, realize I am not aiming it at you.
I'm aiming at both bulls and bears who are just spewing propaganda, with no facts to back it up. And the cheerleading crap is even more annoying. It's frustrating to open a post and all that's posted is "Go IO" "rock&roll IO" > CHILDISH and a waste of space and time.
I'm sure you know who I'm talking about.
I have even been called names for being a trader. Was told Shorting should be outlawed. Was called a parasite because I grab a point or so daily.
Since when did it become wrong to "play" the market? When did it become unamerican to make money? I know I shouldn't be taking it personally, that I should be laughing all the way to the bank. Well, I gotta admit I still laugh all the way to the bank, but I still am baffled and worried when I read some of the drivel I find posted here. The Manic tone indicates a top.
I just find it so irritating to wade through 100-150 posts and only find about 5-10% worth reading. SI WAS a place for the type of analysis you described. Lately I have found it less and less useful due to all the infighting and foolish, time-wasting, cheerleader posts and flame jobs.
It's no wonder "The Street" doesn't take IOMG seriously when they read this garbage. (and they do!)
In the interest of disclosure > I continue to be bearish concerning this Q, but very bullish long term. I have PUTS for this Q.
Long term, I hold some far out CALLS and 1000 shares I've been hanging onto since I bought my original shares last summer(95).
I've sold all the rest as it doubled, tripled, split, doubled again, etc.
Thanks for your post,
Jeffery E. Forrest
PS. Allen here's an experiment. Read every post daily. Keep a tally of those that actually inform or analyze technically or fundamentally. Keep track of how much time you've spent reading all of it. Now subtract the amount of time that was spent being truly informed from the total time spent reading. I bet you have 55 wasted minutes trying to glean 5 informative minutes : ) |
