RE:RE:RE:Hedging and Quarterly earningsI tend to agre with you. There will be no "wash" as management suggested as we sit in the third week of March we already know that the GBP/EUR has been decreasing steaily in 2016. It will likely continue that trend until the Brexit vote. Then who knows.
KAZ
Health123 wrote: I think a more accurate statement is that management has shown their "lack of" global experience.
The pumpers on this site can not reputiate this fact: GBP FX issues will not be favorable in Q1.
It was surprising no one started laughing after that statement Kreppner made Revenues don't equal expenses unless your net income is zero. And AMCo's revenues are mostly in pounds. But Kreppner is not very good with numbers and never has been.
Michael are you a daytrader? (Just asking)
MichaelSilvia1 wrote: Perhaps they didn't consider it to be such an issue.