infoseeker, help us out here.What's that "other working capital expense" in the Original Quarterly? Is it sub-contractors,out workers who aren't included in Salary and Wages? It's a Million buck$,up 20/30%+ on the previous Qtr. Is this an ongoing expense or some one off? IF it was a one off or at least going to REDUCED significantly well the Cash Burn could be helped "significantly".However these new "pending" contracts could increase it if it was subbies? Isn't it a pain how they just whack the BIGGEST Expense figure in with little or no clarification?
On charting,don't get bamboozled by all the Fancy Indicators. They're just Moving Average based mostly and can lag/be behind the Daily Action.Moving Averages in flat stages are pretty useless.Like they Gold/Dead Cross too often.[Know about a Gold/Dead Cross info?] Rampers mostly call the Upswing on the MACD and RSI. The RSI in particular is very misleading in that it uses the terms Over Bought for Rockets and Over Sold for Dogs. like Strict English Following Pilgrims who are "New" take Over Sold as saying it's a BUY Signal!!
Anyway,do you know off the top of your head what ZYL's "other working capital expenses" are?
cheers.
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