10Q and 10K

GTAT: The Dangers of Concentrated Financial Leverage

Harold, a dear friend, called me early this week and told me about GT Advanced Technologies (GTAT). The company’s stock closed at $11.05 per share on Friday, October 3, 2014 and declared bankruptcy following the weekend, on Monday, the 6th. The stock closed at .80 a share that Monday. Later this week, a good friend, Bill, e-mailed me and suggested I write about GTAT in this week’s post. Thanks to Bill for making the suggestion. […]

October 11th, 2014|10Q and 10K, Balance Sheet, financial leverage|1 Comment

Primary and Secondary Sources of Financial Numbers

A reader of my book, Choose Stocks Wisely, wrote me the other day and our e-mail conversation prompted this post. He was performing stock analysis on several companies and noticed that Finviz was reflecting a September 30, 2013 date for the most recent financial statement information available. He checked Yahoo Finance and found information was updated through December 31, 2013. I appreciated his note and it gives me opportunity to address an important subject, namely the difference between primary and secondary sources of financial statement information.

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March 12th, 2014|10Q and 10K, financial information|0 Comments

Filing Financial Reports

If your experience is like mine, it seems that many things seem to pile up this time of year. We all have to either do our own taxes or get things together for them to be done by another. As a CPA, I simply can’t bring myself to having someone do my taxes for me although I get sorely tempted at times. Anyway, that April 15th deadline will be here before we know it.

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February 8th, 2014|10Q and 10K, financial information|2 Comments