RE:Bond tradingI am probably going to regret wading into this endless basher vs pumper argument but as long as these “bashers” dig up information I had overlooked and especially if it’s information which quite literally burns my a&&, I’d be shooting myself in the foot by unilaterally dismissing their posts as senseless bashing as some people relentlessly advocate.
The post I’m thinking of:
https://www.stockhouse.com/companies/bullboard/v.euo/eurocontrol-technics-group-inc?postid=26193439 EUO was sitting on some $11 Mil last year and earned $60,632 on this money after realized and unrealized losses of $66,084. That’s 0.55% or 1/3
rd of what a dumb dumb GIC would have earned them.
Where on God’s green earth was EUO’s (part-time) $100k/yr CFO? Where was the brainpower of the independent Directors which received $150K plus options last year?
OK, OK, it’s “only” $100K which was virtually pi$$ed down the drain but darn it all, part of that $100K was mine and I happen to subscribe to the “Penny / Dollar” theory.