daytrading aug 31 morning, page-108

  1. 23,391 Posts.
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    re ccf

    the MIS schemes made book profits, but not positive cash flow

    they continually neede more funds/new investors to keep making book profits while bleeding cash


    like a ponzi


    im not saying its a MIS scheme or a ponzi, but the communication guru on the thread couldnt give convincing explanations


    see the cash flow statement, they lost cash while making a 4 million profit, one day they will have to pay tax on their "profit" so they pay real money on a " non existant" profit

    im no accountant so dyor

    just remember if it looks to good to be true it probably is

    tight stops and trade the trade

 
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