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Probably gonna snag this one

Textbook industry should rebound while adapting with more virtual delivery systems
Maybe but it would, but it is a hard pass for me just looking at their balance sheet. Their costs of good sold were are going up and they (apparently) cant pass the higher costs on to the consumer. since their income isnt risen signifianctly Coming into 2020 they were high on inventory and low on accounts receivable. They should have blown the estimates out of the water last quarter but they just met expectations. Going forward they are going to have A LOT of competition as any company in the same field goes 110% into online training/teaching and that new competition wont have the 900m in debt they do. I wouldnt be looking at HMHC for longer than the next earning report. If they miss their expectation that is going to be a quick 20%+ loss in value THAT DAY.

This is going to be their put up or shut year.
 
Maybe but it would, but it is a hard pass for me just looking at their balance sheet. Their costs of good sold were are going up and they (apparently) cant pass the higher costs on to the consumer. since their income isnt risen signifianctly Coming into 2020 they were high on inventory and low on accounts receivable. They should have blown the estimates out of the water last quarter but they just met expectations. Going forward they are going to have A LOT of competition as any company in the same field goes 110% into online training/teaching and that new competition wont have the 900m in debt they do. I wouldnt be looking at HMHC for longer than the next earning report. If they miss their expectation that is going to be a quick 20%+ loss in value THAT DAY.

This is going to be their put up or shut year.

Shit like that is why I come to this thread

Do they have competitors you would be looking at?
 
Shit like that is why I come to this thread

Do they have competitors you would be looking at?
I dont know their market very well, your post actually made me look it up. Here is what I would do if I was you and interested in this segment:

1) I would look for their top 5 competitors, see who already has marketshare or name recognition and focus on them
2) then go back and check the other companies (out of the top 10) without market share to ensure they arent sitting on a crazy amount to money. That means they can low ball contracts and essentially make sure most of the market leaders wont be making any $ this year as they all start jock for market share in 2021 and beyond.
3) Now look at their balance sheets for your top 3. You are looking for a company with money in the bank and low debt (or great terms). If they also have a name that you know that is a VERY good sign.

The good and bad about HMHC is that they pushing hard for the k-12 education market with new offering that is suppose to be great ahead of this school year. But because of their debt another company can offer a similar (probably NOT better) offering for a lot cheaper. WIth school districts not getting as much tax money from people in the area do to lay-off and covid related closing school districts are going to be looking the lower priced option that works or the best value.
 
I dont know their market very well, your post actually made me look it up. Here is what I would do if I was you and interested in this segment:

1) I would look for their top 5 competitors, see who already has marketshare or name recognition and focus on them
2) then go back and check the other companies (out of the top 10) without market share to ensure they arent sitting on a crazy amount to money. That means they can low ball contracts and essentially make sure most of the market leaders wont be making any $ this year as they all start jock for market share in 2021 and beyond.
3) Now look at their balance sheets for your top 3. You are looking for a company with money in the bank and low debt (or great terms). If they also have a name that you know that is a VERY good sign.

The good and bad about HMHC is that they pushing hard for the k-12 education market with new offering that is suppose to be great ahead of this school year. But because of their debt another company can offer a similar (probably NOT better) offering for a lot cheaper. WIth school districts not getting as much tax money from people in the area do to lay-off and covid related closing school districts are going to be looking the lower priced option that works or the best value.

Preciate that fam, really

What’s your background, you seem to know your way around this shit
 
I have been in stocks since 2004/5 when I use to day trade in college. This is just an interest. I work in healthcare administration. Most of my own holdings are in very low cost index funds since I dont have the time to do the research I once did.

Bet...man I never even planned on getting into day trading to be honest with you. But there was a day in March where I saw how bleak things was looking, and I just knew there was some money to be made. So I been learning as I go but I been doing pretty damn good so far, just tryna be deliberate before I do anything else.
 
I’ve been concentrating on Bitcoin too much and missed the boat. COMP is in bed with CoinBase and other billionaire companies/venture capitalists.... FML
Have you done any research on the 90% of central banks around the world looking into digital currency using block chain? It could have a negative effect all the current blockchain currency since it adds accountability to countries ability to print money. Plus it provides recourse if your digital money is stolen. Right now you can see where it moved and who is using the stolen currency but no country's law enforcement has an incentive to follow up or prosecute. Blockchain currency issues by a particular country would change that.
 
The only negatives I see is competition. Anyone who knows crypto would steer clear of banks crypto. Or CoinBase. Not your keys, not your crypto. All mine are on a Trezor and I can view balances 24/7. I believe all of these banks are trying to do fractional reserve with crypto like they do with dollars. That’s why BTC is only $11,XXX now and not $100,000. The rich dunno WTF they are doing and are buying derivatives. Spending billions, but not boosting the price. If you buy BTC, you should have an address, 12 or 24 word password, and the balance should show up on any BTC “Block Explorer” you google. There are hundreds.

 
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Not to get too nerdy, but you can easily hide BTC. For one, gambling sites take a ridiculous amount of BTC in to thousands of their addresses. If you win, they send it to whatever address you give them. Your BTC address is unknown to everyone except you if you use Trezor, Ledger, or the free TrustWallet. Even if you brag online and display your address, NONE can be taken, only received. And nobody can prove that address belongs to you.

CoinBase and others have KYC and are regulated. So even if you bought $1,000 and it turned to $100,000 all they know is that you purchased $1,000 and sent it to an address the same day. If to a casino, they can NOT trace it. If to your own wallet, they only know that you purchased $1,000 and withdrew it. You can only be taxed after SPENDING it and there are 100s if easy ways around that, $o...
 
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