InvestorsHub Logo
Followers 0
Posts 96
Boards Moderated 0
Alias Born 04/12/2008

Re: None

Thursday, 04/14/2011 2:47:20 PM

Thursday, April 14, 2011 2:47:20 PM

Post# of 342
Is there any reason to believe that when the PR says they made $13,018.31 they don't literally mean $13,018.31?

I know typically financial reports express numbers in thousands but they don't include a decimal point and two more places. That's what you do when you are expressing a literal dollar amount.

Seeing as how this is the first quarter the company had income in many years I think they do mean literally $13,018.31. I find it hard to believe they'd go from having no income for many years to having over $13,000,000 in a single quarter.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.