-
2. Re: Adobe Financial Reports
John, years ago I got into an online ( internet ) service to trade stocks and bonds... basically I set up an account with a company that was trading for people by putting about $10,000 into the account to start off with ( set up the account with them ).
The idea was that I could trade stuff even after hours ( nyse, amex, etc ) and get the prices locked in at that particular time of the trade I made.
That part of my experience didn't work out so great..as sometimes I'd trade something that was a certain price when I made the so called trade with that provider...but it was 'different' than the actual price when it cleared the exchanges during working hours....eg. when the floor of xchange opened for normal business...Usually that was only a few basis points but it got wanky for me cause I was dealing with get rich quick schemes with high volume and low prices... so ...if I made 1 dollar on 300 shares...that was a 300 dollar gain for me...
If , however, the actual price changed to a lower amount ( say 1 dollar to 75 cents ) , the cost of the 'trade' with that provider combined with the gain difference made it kinda wanky... and sometimes not good at all.. in the long run...
Like, maybe the following week the price changed so much on the up or downside that my trade 'hurt' me...woulda been better off hanging onto it.
What I got as opposed to what was advertised via the online trading stuff was early in the history of those places ( about 10 years ago ? ...maybe 14.. time flies...)... and maybe it's better now with some services.. but my own experience has been that consumers like ME that trade on the market are idiots in a pro game and paying premiums for trades ( even pennies per dollar ) are jerks...like me.
that said, selling short and options and derivatives and bundled securities split into interest fluctuations vs face values is yet more stuff that I can personally handle. I have no clue anymore whats up with the markets.
That said, to take a financial statement and or annual report, and try to make sense of THAT.. and predict how a public co. like adobe is doing is the most idiotic practice I can imagine..
Is like saying, " I think that , based on my information, which is the best information and data in the whole world, blue nose is gonna win in the 7th at Bellmont tomorrow ! "
It's stupid. I mean for ME ... to be involved with that stuff...
-
3. Re: Adobe Financial Reports
Ah but
.
.
Is like saying, " I think that , based on my information, which is the best information and data in the whole world, blue nose is gonna win in the 7th at Bellmont tomorrow ! "
.
.
When you go to the races who arrives in the top of the ranges cars and who arrives in an old beat up Dodge?
In the UK its the bookmaker that arrives in the Bentley
Betting is for idiots
Col
-
4. Re: Adobe Financial Reports
not for me , anyway... I could have a dollar with 9 aces in the serial number and still LOSE in liars poker