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Re: postyle post# 36227

Tuesday, 06/04/2013 6:09:09 PM

Tuesday, June 04, 2013 6:09:09 PM

Post# of 68424
All in all I value your opinion, however some of your posts are pretty much irrelevant due to the fact that you often ignore, or are "ignorant" to accounting. I pointed one out earlier today. Accounting, specifically GAAP, determines what goes in a company's annual report, which goes a long way in determining pps. I can honestly tell all of you that there are not many posters on here who seem to have a very firm understanding of accounting. As a CPA, I don't listen to much at all about what anyone on here says about earnings, how something will affect share price, etc. With that said, there is still a lot of very valuable information on this board, and that is why I'm here.
P.S. I don't want to be the JJ Seabrook of accounting, but I would advise anyone to buy a book or take a class on accounting. It will help you filter through a lot of B.S. IMO.