Recent content by Bob Sacamano

I'm not suggesting any of that warrants any action RE: the stock. Just what the outcome will be when the new FASB rule takes effect.

A change in accounting rules and nothing else is going to boost the value of the assets they hold on their balance sheet. The value of those assets is understated relative to market value. However you want to parse the words or however differently you want to state it, their balance sheet is...

No wonder a bunch of accountants are canceling them.

But that also doesn't mean analysts haven't baked that value into their analyses. It is known. As is the pending change in accounting methodology.

I don't know that that helped. :oldunsure:

The company is currently undervalued due to accounting rules. As I understand it... Current State: You buy BTC at $70k. BTC value craters to $30k. You have to re-evaluate the carrying value of that crypto (annually, I believe), and if it is impaired, you recognize that loss as a reduction of...

Is Caleb Williams auditioning for Top Chef? What is that? "Caleb, who are you wearing?" "Bobby Flay"

That has to be priced in, at least to some extent, though. No?

n/m. I went looking

Invest in things you hope to grow in your brokerage account Invest in things you expect to pay dividends in your tax sheltered accounts At the point all the items in the first bucket become items in the 2nd bucket, invest in 🍾

Educate the uneducated, if you would be so kind.

Oh, we're 15-20 mins from my MIL/FIL. They're great.

Well la-dee-####ing-da #NotGreen

The idea of living that close to my SIL gives me hives.

Wait a minute. Krista's buying a house!?!? Next thing you'll be telling me fish has a crazy new girlfriend.