I have been wondering for years now, particularly with eDig, but also with others who have had losing quarters, years. Why do they say things like there is a .03 cent loss AVAILABLE to shareholders? They make it sound like a good thing or something!
I certainly hope that I cannot deduct my PAPER LOSSES, for a year on a stock! If so, I have been missing out big time over the last few years by not telling my accountant.
So, if I am incorrect, would really appreciate the insight from anyone. However, if I am correct, why the hell would they use that terminology ``available to shareholders``
P.S. I am not picking on today`s P.R., which I expected and actually was better than I thought, I am talking about the statement in general.
Thanks in advance for any help.
T.K.