Did Pandit have just violated the rule by revealing a part of the quarterly report? That show C or him is really in the panic mode.
no, it's simpler than that if you're claiming a 'profit', YOU DONT NEED A FUCKING WELFARE CHECK and it you ARE needing a welfare check, you dont have a profit simple as that
boo hoo hoo dont be a crybaby. go long and make $$ the market is not fair or rational. Citi has profit. woo hoo.
This is just bad information. It really is much simpler than that...Take an accounting course. Many companies go bankrupt every year that turn profits (small companies) Cash is king.
You got it itsame. swtrader doesn't know wtf he's talking about. Obviously, he's never run a business. Cash flow statement is by far the most important of the 3 sections in the financial reports.