what is wrong with this chart?

Re: what is wrong with this chart?

There's not near enough information? You missed today's breakout? You
made a bear play when this stock is actually starting another run up?

-Luke
Exit / Entry Strategy Study - Real Time charts



lkgeo1 wrote:
>

Re: what is wrong with this chart?

"lkgeo1" <> wrote in news:1136577039.880456.162260
@f14g2000cwb.googlegroups.com:

>
>
>

nothing wrong with a chart displaying a short covering climax rally

what's wrong with the post is your failure to announce your closing of the
position at the high of the day

I think their compliance with rule: fas123 might give them some trouble
with their balance sheet some 10Q time

Re: what is wrong with this chart?

how is that an issue here?: Summary of Statement No. 123
Accounting for Stock-Based Compensation (Issued 10/95)
Summary

This Statement establishes financial accounting and reporting standards
for stock-based employee compensation plans. Those plans include all
arrangements by which employees receive shares of stock or other equity
instruments of the employer or the employer incurs liabilities to
employees in amounts based on the price of the employer's stock.
Examples are stock purchase plans, stock options, restricted stock, and
stock appreciation rights.

This Statement also applies to transactions in which an entity issues
its equity instruments to acquire goods or services from nonemployees.
Those transactions must be accounted for based on the fair value of the
consideration received or the fair value of the equity instruments
issued, whichever is more reliably measurable.

Accounting for Awards of Stock-Based Compensation to Employees

This Statement defines a fair value based method of accounting for an
employee stock option or similar equity instrument and encourages all
entities to adopt that method of accounting for all of their employee
stock compensation plans. However, it also allows an entity to continue
to measure compensation cost for those plans using the intrinsic value
based method of accounting prescribed by APB Opinion No. 25, Accounting
for Stock Issued to Employees. The fair value based method is
preferable to the Opinion 25 method for purposes of justifying a change
in accounting principle under APB Opinion No. 20, Accounting Changes.
Entities electing to remain with the accounting in Opinion 25 must make
pro forma disclosures of net income and, if presented, earnings per
share, as if the fair value based method of accounting defined in this
Statement had been applied.

Under the fair value based method, compensation cost is measured at the
grant date based on the value of the award and is recognized over the
service period, which is usually the vesting period. Under the
intrinsic value based method, compensation cost is the excess, if any,
of the quoted market price of the stock at grant date or other
measurement date over the amount an employee must pay to acquire the
stock. Most fixed stock option plans-the most common type of stock
compensation plan-have no intrinsic value at grant date, and under
Opinion 25 no compensation cost is recognized for them. Compensation
cost is recognized for other types of stock-based compensation plans
under Opinion 25, including plans with variable, usually
performance-based, features.

Stock Compensation Awards Required to Be Settled by Issuing Equity
Instruments

Stock Options

For stock options, fair value is determined using an option-pricing
model that takes into account the stock price at the grant date, the
exercise price, the expected life of the option, the volatility of the
underlying stock and the expected dividends on it, and the risk-free
interest rate over the expected life of the option. Nonpublic entities
are permitted to exclude the volatility factor in estimating the value
of their stock options, which results in measurement at minimum value.
The fair value of an option estimated at the grant date is not
subsequently adjusted for changes in the price of the underlying stock
or its volatility, the life of the option, dividends on the stock, or
the risk-free interest rate.

Nonvested Stock

The fair value of a share of nonvested stock (usually referred to as
restricted stock) awarded to an employee is measured at the market
price of a share of a nonrestricted stock on the grant date unless a
restriction will be imposed after the employee has a vested right to
it, in which case fair value is estimated taking that restriction into
account.

Employee Stock Purchase Plans

An employee stock purchase plan that allows employees to purchase stock
at a discount from market price is not compensatory if it satisfies
three conditions: (a) the discount is relatively small (5 percent or
less satisfies this condition automatically, though in some cases a
greater discount also might be justified as noncompensatory), (b)
substantially all full-time employees may participate on an equitable
basis, and (c) the plan incorporates no option features such as
allowing the employee to purchase the stock at a fixed discount from
the lesser of the market price at grant date or date of purchase.

Stock Compensation Awards Required to Be Settled by Paying Cash

Some stock-based compensation plans require an employer to pay an
employee, either on demand or at a specified date, a cash amount
determined by the increase in the employer's stock price from a
specified level. The entity must measure compensation cost for that
award in the amount of the changes in the stock price in the periods in
which the changes occur.

Disclosures

This Statement requires that an employer's financial statements include
certain disclosures about stock-based employee compensation
arrangements regardless of the method used to account for them.

The pro forma amounts required to be disclosed by an employer that
continues to apply the accounting provisions of Opinion 25 will reflect
the difference between compensation cost, if any, included in net
income and the related cost measured by the fair value based method
defined in this Statement, including tax effects, if any, that would
have been recognized in the income statement if the fair value based
method had been used. The required pro forma amounts will not reflect
any other adjustments to reported net income or, if presented, earnings
per share.

Effective Date and Transition

The accounting requirements of this Statement are effective for
transactions entered into in fiscal years that begin after December 15,
1995, though they may be adopted on issuance.

The disclosure requirements of this Statement are effective for
financial statements for fiscal years beginning after December 15,
1995, or for an earlier fiscal year for which this Statement is
initially adopted for recognizing compensation cost. Pro forma
disclosures required for entities that elect to continue to measure
compensation cost using Opinion 25 must include the effects of all
awards granted in fiscal years that begin after December 15, 1994. Pro
forma disclosures for awards granted in the first fiscal year beginning
after December 15, 1994, need not be included in financial statements
for that fiscal year but should be presented subsequently whenever
financial statements for that fiscal year are presented for comparative
purposes with financial statements for a later fiscal year.

Re: what is wrong with this chart?

its a stinkin' line yahoo chart tis whats wrong.

lkgeo1 wrote:
>
>