A fiery horse for the speed of light, a cloud of dust in a hearty high old silver, the lone ranger. With his faithful Indian companion, Tonto, the daring and resourceful masked rider of the planes led the fight for law and order in the early western United States. Nowhere in the pages of history can one find a greater champion of justice. Return with us now to those thrilling days of yesteryear. From out of the past come the thundering who feeds the great horse, Silver. The lone ranger rides again. Are you silver? Let's go big fellow. Are you silver? Old Judge Carter's word was law to the people of the town of Gold Creek. He took his legal authority very seriously. But for a livelihood, he depended upon his general store, which in time of need served as the courtroom. The judge believed a less in procedure than he did in getting to the point when some question came before him for settlement. One day a curious crowd gathered in the barn-like general store to hear Judge Carter decide what to them was the most unusual case in the town's history. The judge sitting behind his old battered desk at one end of the store started things off without bothering about formalities. All right now everybody, let's have some quiet in here so a boy can get a word in each way. Well, that's better. Now as I said, we've got a peculiar sort of case here to decide. We all know that Zeke Peters and Ned Connors own the gold claim together. We all know that each one of them will hear shared or the other, so that if one of them died first, the other would own the whole mine. That right? All right then. About a week ago, them two old prospectors, Zeke and Ned, both got hurt bad trying to blast with dynamite when they didn't know nothing about how to use it. They both died. Now before we go any farther, I want to have Bill Miller tell them what happened the day they was found. Bill Miller, come up here and tell them what you know about it. Well, it was this way, Judge. I was hitting the trail of the town that day. I hope it took Doc Jenkins-Rig coming along the hill trail. Hi there, Doc. It seemed to be in a hurry to get back to town.  Yeah, look Bill, if you're heading for town, you can do me a favor. Well sure. What do you want me to do, Doc? Get to the sheriff in the corner. Tell them Zeke Peters and Ned Connors are both dead. Ned and Zeke dead? Yep. I have a case back on the trail, and if you give them the news, it'll save me a trip. I'll take them the news all right, but tell me, what happened to Zeke and Ned? Well, I was driving along in my rig when I heard an explosion over in the direction of their shack at the claim. I got over there in a hurry, found both of them hurt bad. They tried to use dynamite. They were still alive when they got there, but they both died soon after. There was nothing I could do. Well, Carly, Moses, that's sure bad. I'll get right to town and spread the news, Doc. Thanks a lot, Bill. It'll save me a trip. Now I'll turn around and make that call. I'll start to do it.  Get up there. Come on into town, and everybody here knows the rest. Well, now, quiet down, quiet down all of it. Stop that infernal ruckus so as I can get on with the case. Now, Tom Willis is here representing the widow Brown, who is Zeke Peters' closest kin. Slick Carver is here to represent Emily Connors, Ned's closest kin. Is that right? That's right, Judge. Zeke's here. The widow Brown is a cleaner, that mind. Your honor, on behalf of my client, Miss Emily Connors, I propose to present a brief in this case, which will show that... Now, see here, Slick Carver, just because you did a bit of law-reading in the city, you don't have to put on with big terms that'll confuse the folks here. Miss Emily is putting in a claim for that mind, too. Now, as I see it, if Zeke died first, even if it was only a few minutes ahead of Ned, mind you, then Ned legally inherited that mind. Then with him dying, it would legally go to his closest kin. This case, Miss Emily. If it was the other way around, then the mind legally goes to the widow Brown. Yeah, but who knows which died first? How are you gonna tell, Judge? They all agree to divide that. Judge Carter, I got something to say. Quiet, everybody, and let Tom Willis have his say. If there wasn't any way to prove which died first, well, I reckon the widow Brown would agree to divide the mind with Miss Connors. But Doc Jenkins ought to be able to tell us which one did die first. He was there when they died. That's right. He told me so that day. Judge Mike Clyde, Miss Connors, would never agree to dividing the mind, because we know it's rightfully heard. What makes you so sure? Oh, we should have had Doc Jenkins here to testify so that we could... Doc Jenkins went a long distance on a case, Judge. You all know Miss Connors' housekeeper for Doc Jenkins. Before he left last night, Doc gave Miss Connors this note, signed by him saying Zeke Peters died first. Oh, let me see that note. All right, Jim. Well, this is in the Doc's handwriting, all right? And if Zeke died first, then the mind went to Ned, according to Zeke's will. That's right. And then Ned died. So it goes to his nearest of kin, Miss Emily Connors. Now, wait a minute, Judge. I object to accepting that notice final. We ought to hear Doc Jenkins' testimony from him in person. Well, I guess you've got a good objection there, Willis. We'll put off this court till day after tomorrow. Get Doc Jenkins in the court then. If he don't show up, we'll accept the notice proof. Now clear out everybody. I wasted enough time. Got to wait on some customers to make up for it. A short time later, Tonto, Indian companion of the Lone Ranger, rode into the camp which they shared together with Dan Reed, young nephew of the Lone Ranger.  Well, Tonto, you're back early. Where's Dan? Well, Dan, he'll go to Blacksmith's shop. Victor have loose shoe. He'll come to camp later. Well, there's lots of time before dark sets in, so he'll be all right. What's the news in Gold Creek? Well, people talk plenty about who get goldmine. Goldmine? What goldmine? Well, me here and say to old prospector, who die, leave goldmine. Some say it belong to Witte Browns. Others say it belong to Lady with Sour Face, who live at Doctor's house. That must be Miss Emily Connors. She's not very well liked around town, I hear.  But actually, it's a question of which old prospector lived a longer. Dr. Jenkins can tell that. I understand he arrived on the scene before either of them actually died. Me here men say that. His testimony will decide which of the two women is entitled to the goldmine. Me here, Doctor Way, woman who keep house, have note. Note? It's say, old Connors live longer. She want mine. Judge, him say, wait two day for Doctor. If him not come, she get mine. I see. The Witte Brown needs it a great deal more. But the law has to take its course. Let's start preparing supper. Soon as Dan arrives, we'll eat. Almost an hour later, Dan Reed rained up at the camp. Oh, Victor, oh boy, easy fellas. Did you get Victor's shoe fixed, Dan? Yes, sir. You stayed longer than we thought you would. Oh, I had to wait my turn at the blacksmith. I see. Why did he charge you? Well, nothing at all. You see, I did something for him while I waited. Yes, I've been noticing your clothes. Must have been a dirty job from the looks of that reddish stuff on your clothes and boots. I tried to brush that off, but it's some sort of funny dirt. Sort of sticky like. Let me see. A reddish clay. I've never seen anything like that around this territory. How did you guys find it? Miss Connors, you know Dr. Jenkins' housekeeper, left the doctor's rig to have a spoke fixed and to have it washed. I washed it while the blacksmith tightened Victor's shoe.  Isn't that right? Yes, sir. It was pretty dusty yesterday, and Dr. Jenkins asked me if I'd do him the favor of washing it. He offered me money, but I didn't take it. He must have made a long trip last night to get that red clay all over it. There wasn't any of it on the rig yesterday. Well, I guess now that Dr. Jenkins is back in town, the question of the goldmine will be settled. Father was telling me about it. I heard about that, too. But you see, the doctor's still away. Still away? How do you know that? Well, after he finished with Victor, the blacksmith asked me to drive the rig to Dr. Jenkins' house. I tied Victor behind the rig and drove it over. Oh, ho, ho, ho, ho! All right, ma'am. I guess the doctor had a long trip last night. The rig was mighty dirty. Oh, but he must have used this rig since yesterday. It was so dirty and... Easy, Victor. Steady boy. Hey! Come on, Victor.  Maybe Ms. Connors used the rig last night. Somebody did. I'm sure there's no red clay like you found on the rig anywhere near here, Dan. And, uh, Ms. Connors certainly wouldn't go driving that rig at night. It would be too dangerous for her. All right. If doctor not get back soon, me here and say her get gold mine. I heard that, too. They see a man named Slick Carver gave Judge Carter a note from Dr. Jenkins. And if the doctor isn't back day after tomorrow, she gets the gold mine. I know that Slick Carver. And he's well-named. You know, I'm beginning to think that he's... not a... We're leaving at dawn to search for a place where there might be red clay. Me not savvy, Kimusabi. Things don't quite tie in, Tato. Dan washed Dr. Jenkins' rig yesterday after the doctor came in from his rounds. That housekeeper says the rig hasn't been used. Yet Dan found it covered with red clay today. That's right. It sure was hard to wash off, too. Yes, I know. Why we hunt for a place where there are red clay, Kimusabi? Because, Tato, I feel that if we find that place, we'll find the answer to a lot of things, including the whereabouts of Dr. Jenkins. Oh, but if Dr. Jenkins didn't go in that rig, well, then how do you... Then a lot depends upon Dr. Jenkins' absence. It's occurred to me that he didn't go away on a case at all. Kimusabi. Then you think maybe... I think Dr. Jenkins is in danger, Tato. That's why we have to find out where there's red clay, such as that found on a doctor's rig. The curtain falls on the first act of our Lone Ranger story. Before the next exciting scenes, please permit us to pause for just a few moments. Now to continue our story. The following morning at dawn, the Lone Ranger and Tato left camp and started a methodical search for a location showing signs of the unusual red clay. The search was extended throughout the day without success. Finally, they returned to camp for the night. The following morning, early, Dan and Tato went to town to find out if there were any further news. They reigned up in front of the general's store and dismounted. I see the judge has a sign on the door saying there's a court session this afternoon. Ah, this day, then tell who gets goldmine. Tell them we go down the street. There seems to be a lot of people around this morning. Ah, them come for court, maybe. Yes, I hadn't thought of that. Look, coming out of Mr. Connors' office. That's Miss Connors. Isn't that right? Morning, Miss Connors. Good morning, young man. Has Dr. Jenkins come back yet? No, he has not. And I don't know when he will be back. Why do you ask? Oh, well, I was just wondering. And it seems to me that you ask a lot of questions for a boy. What the doctor does is his own business. Good morning to you. Hmm. Woman not like answer questions, Dan. Ah, I know. She glared at me plenty hard, too. Look, there's a single prairie schooner coming to town. Ah. I'm going to stop for supplies, maybe. Hoorah, hoorah, hoorah. Hi, ladies and gentlemen. Why, you stand, watch wagon, Dan. Tunnel, I was thinking. The wagon's so awfully dirty, it's covered with ready-stirred sort of. That's right. Come, we go look close. It's red clay, just like what was on the doctor's rig. That's right. What are you staring at, kid? Oh, I, uh, I was noticing that funny-looking red dirt on your wagon wheels. Yeah? It, uh, looks like red clay. It is red clay. Because of that there stuff, we got mired and lost the rest of the wagon drain last evening. Funny, I, I don't, uh, I don't remember ever seeing clay like that around. Uh, where did you get mired? Very far from here? Oh, about nine to ten miles east of here where a creek runs through a little valley. Good place to stay away from, especially with a wagon. Which way is the cafe, kid? Well, back that way, sir. Oh, thanks. See you again, baby. Come down. We go get lone ranger. He can backtrack on that wagon and find the place where the red clay is, Tonto. Steady boy! Hurry now! Get him up, scout! Come on, Victor. Oh, scout, hope for us. Hope for us, Steady Boy. Hope for us. What did you find out? A prairie schooner came into town. It was covered with the same kind of red clay. Yeah, that right came a subby. Which way did it come from, Tonto? Well, man say, him come from east. About nine to ten miles. Get mired in red clay. See, here's a little bit. Man, you stay here in camp. When we come back, they might run into trouble. Yes, sir. Steady boy. There's some hard riding to do, Tonto. Well, we hurry now. Yes, come on, scout! After skirting the town, the lone ranger and Tonto picked up the trail of the heavy wagon and backtracked its trail eastward. They rode in silence for a long time. Then the lone ranger spoke. Look, Tonto, those ruts show the red clay coming to the place at last. Man, tell Dan, wagon comes through small valley near Crick. We're riding into a small valley now, look. Let me see Crick ahead, Kimosabi. Yes. Keep your eyes open for any sign of a shack or cabin. No, let me do it. Wagon tracks plain, plenty deep here. Yes. The doctor's rig was driven along here. Those wagon tracks would cover up the signs. That's right. We think maybe... Wait, Kimosabi, wait. Oh, scout! Oh, fellow, oh, fellow. Let it be, oh, fellow. Tracks and narrow wheels go off trail to hill. Yes. That must be where the rig turned off. Now we're getting someplace. We'll follow those tracks.  Keeping on the alert, the lone ranger and Tonto rode slowly along the trail left by the wheels of the doctor's rig. After a short distance, they came to a turn in the trail where it rounded the side of a small hill. Then Tonto pointed ahead. Look, Kimosabi. Yes. There's a small shack and clump of trees over there. That's what we're looking for, Tonto. We'll have to approach cautiously, telling what'll happen. The bullet comes from behind. Some one trail is from town. Tonto, they shoot again right on. No matter what you might think has happened, don't hesitate.  Sleep was right. The last comrade was out sleeping. He won't snoop any longer. He knew that horse. Better see that comrade's really done for it. Then guns. Hope you'd come close enough. Hey, I thought you were not wrong. Well, this time I'll make sure you get a bullet. No, you won't.  You all right, Kimosabi? Yes, Tonto. My trick worked. Steady big fella. We'll leave that yellow killer there for the moment. Let's go. Come on, Tonto. Get them up scout. We'll separate, then approach the shack from two sides, Tonto. Right in shooting. Ah, me go this way. Get them up scout. Come on, Tonto. Hello. Hello, Hamlet. Oh, Silver, Steady. He's a big fella. Fun move out of you and you'll get what you deserve.  Hello. Keep this crook covered while I go inside. Get out of my way. Who are you? What's happening? I came to find you, Dr. Jenkins. They kept me tied up here. Yes, and you're lucky to be alive. They would have had to kill you later here. I'll untie you. They made me write a note. My housekeeper and that man Carvey. Their cousins. Yes, I know. There. They'll be all right now. They're going back to town as quickly as we can after we tie up Carver's two men and leave them here for the sheriff. Early that afternoon, Judge Carter again set up his court in the general store. Now we'll get right to the point in this case and get it settled once and for all. Judge, he will give me a little more time. I'm sure when Dr. Jenkins returns, he'll be able to... Miss Carter tells me that Dr. may not return for some time, Judge. Now, I again offer the note signed by Dr. Jenkins as evidence that my client, Miss Carter, is the legal heir to the gold mine. Now, look here, folks. You can't keep quiet. You'll have to get out. I still object to having this case decided just on the strength of that note, Judge. The decision is too serious for that. There's no reason why the case can't be held over till Dr. Jenkins comes back to town to testify in person. Your Honor, I've already stated that Dr. won't be available for some time. Now, on behalf of my client, I feel that the decision should be made here and now. As you said, we're at the last court session. I overrule your objection, Tom Willis. Like Carver says, the court, meaning me, stated at the last meeting that the note would be accepted as evidence today if Dr. Jenkins didn't show up. Now, we know for certain that's the Doc's handwriting. So there's no reason to delay deciding who gets the legacy. All right. Bad case? Bad case, Judge. I'll give you the note. So you can enter it as evidence. Settle the case right now. I'd like to know, Slick Carver, how you can be so sure that Doc Jenkins won't be back soon. Maybe even today sometime. I know because I took the word of Miss Connors. She works for the doctor. She ought to know when he might be expected to return to town. I'm not saying Miss Connors' word isn't good. But in a law court, it takes more than a minute. Wait a minute. I've had enough of listening to you two spouting at each other. I am the judge here. I don't aim to make a debate in society out of this courtroom. But your honor, maybe Doc Jenkins is back in town right now. Or maybe he's here. If he isn't here in this courtroom right now, I say get on with the case. Is Dr. Jenkins in the courtroom? You know, Dern Welley ain't. Judge, why ask foolish questions? I'm going about this legal. That's what. Now, since Dr. Jenkins isn't in the courtroom to give testimony, I hereby allow that the note he wrote is good enough evidence to show that... Tell him everything, Judge. Well, what do you know? Here's the doc now. We got that note you wrote, but Tom Willis won't be satisfied. That note doesn't mean a thing. Carver and his crooked friends forced me to write it. Jeet Peter's died last. And the mind goes to Witte Brown by rights, Judge. You mean that slick carver? And my housekeeper are in cahoots, Judge. Are you all right? Oh, hey, someone shot through the open window. We can slip right in the arse. Somebody get the sheriff. He puts slick in his crooked friends where they belong. Meantime, I declare that Witte Brown is the legal heir to the gold mine. Oh, you can't do that, Judge.  That shot saved your life just now. The one who fired that shot proved to be a real friend in need, Judge. He found me, brought me up here, and erased his own life to do it. Where'd you find a friend like that, Doc? The man I'm talking about is everybody's friend. Except, of course, anyone who fights the law. You see, he's known as the lone ranger. What you have just heard is a copyrighted feature of the Lone Ranger Incorporated.


Outstanding talk to you a little bit earlier and ask you what you learned from the first meeting against Dallas And you talked about getting off to a better start Talk about the start you got up to in this game blistering in the early going. Yeah, it was probably a little too fast You know, that's how we like it. I thought we did a good job You know finding people we talk about the good to great shots And we did a really good job of passing up good shots to get great shots for our teammates and it really got us going Sammy talk a little bit about your passing I mean everybody was going so well cutting without the ball and Explain a little bit more about that. Yeah I mean, I think that is kind of speaks to that good to great as well We want to move and create better shots for each other And obviously we have some incredible playmakers in B and sab and they're so good at finding people But if we're stagnant and standing and watching them, it doesn't help them It doesn't help us so cutting and moving and just helping each other out when the Defenses are putting pressure and throwing two people at them is really important back-to-back wins now for the Liberty two more games Remaining before the Olympic break what's been discussed and the locker room players coaches about the way that you guys want to close Things out before that break. Yeah I mean the way that we close it out the momentum we can carry into that break is really important Obviously you want to feel good going into the break and obviously there's a group of teams like five teams That all have kind of the same record So if we can create a bit of separation going into that break, it'll be massive for us Sammy Whitcomb 26.7 boards for sis. Thank you so much for your time


What makes birds such agile flyers? One answer is their array of phyloplumes, hair-like feathers that detect tiny changes in airflow. In an effort to make flying vehicles just as nimble, researchers have created flexible microsensors that carry out the same function. These sensors can detect changes in airflow speed as small as four millimeters per second. Four curved cantilevers connected in circuit register tiny changes in voltage as they flex. Each is thinner than a human hair and about three times as wide, and can be programmed to curl to a defined curvature thanks to the cantilever's polymer on silicon structure. Adopting this natural design for sensing airflow on the fly could make autonomous flyers quicker and smarter.


This is awesome. What's up money geeks, Mr. V here. Welcome to another video guys. So in today's video, I wanna talk to you guys about the Webull Stock Lending Income Program. So this is a program where when you own stocks on the Webull platform, if you enroll in the program, they'll lend out those stocks to short sellers and then they make interest and then they pay you some of that interest. So if that's something that you have no idea about, I actually did a video specifically explaining how that works. So I'm gonna hook that video up here so you can definitely go check it out. But before we get started guys, if you're new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button. Any notification bell too, you don't miss out on new content. So in my case specifically, I enrolled in the Webull Stock Lending Income Program for a full month. And so I just wanna show you guys how much I actually made for that one month with the stock that I had in my portfolio. So it's not like, hey, you know, I'm gonna make millions doing this, but it's, I mean, just a little bit of everything and every dime counts in my opinion.  So once you log into your Webull account, you go to more and then scroll, you look at where it says the stock lending program. You click on that. It's gonna bring up the stock lending program. So if you can see right here on my account. So right to the left, it says interest receivable. That means that's interest that has been accrued for this month. And then total interest received, that's the interest that I got already into my account. So that was interest that paid last month depositing into my account, $16.62, which is awesome. So, and so here how the program works.  They take the stocks, lend them out, pay your interest and then there's no thing tying you to this lending program. So whenever you're ready to sell your stock, you just go ahead and sell it and that's how you exit the program period. Or you can come here and click on the exit program button and click exit and accept and that will kick you out of the program. But once you have your stocks are lent out, you don't need to go talk to anybody before you get your stocks back.  So some of the stocks are actually, if you look here, American L-Line and kind of a cruise. This was the ones that got loaned the other day. And then if I open it here, you can see kind of a cruise and American L-Lines. Those are really hot stocks. It looks like they like to lend those. So if you see here, those two consistently has been getting loaned out. And then if you see down here, I-N-O-C-C-L and A-A-L, that's American L-Line again. So what I'm seeing here is that there's some stocks that are in demand. So those are the ones that you would probably see we will go in after. So again, if you have stocks in your account, you enroll in this program.  As opposed to somebody that doesn't have, that's not enrolled in the program, they'll get a double gain. So $16.62 that I made for doing nothing, basically, for having my stocks in my portfolio. So this is one of the key reasons why I actually removed my portfolio or took out all my stocks from M1 Finance and Robinhood and brought them now to Weibo. So now that I have all my stocks in Weibo from M1 and Robinhood, I wanna see how much I'm gonna make next month. So based on these numbers right here, what I'm seeing, I should make over $100 next month based on what I'm seeing right now because when I enrolled in this program, I didn't have a ton of stocks in my portfolio, but now I've brought in all my stocks. So I have, I think closer about 60 different stocks in here, 60 different companies. Then based on that different share amount, BA, which is another one that is in high demand. So I have over 40 BA shares. So if the lend goes out, I know I'm gonna make a ton of money. So I'm super excited about this program. I wanna see how much I'm gonna make by the end of the year by just enrolling. So if you're thinking of moving from either Robinhood or M1 Finance over to Weibo, right now, Weibo has a promotion where you get two free stocks for just opening an account and depositing money in the account. So I'm gonna put the link in the description. You get the first stock just for opening your account. You get one stock, which is between $2 and $250. And then when you deposit $100, you get another stock between $12 and $1,400. So definitely go check them out. So question of the day. What do you think about the Weibo stock lending program? Do you think it's another source of passive income because your stocks are there? You have the stocks in your portfolio anyways.  So you're gonna hold long-term. Why not enroll and make that money? Let me know what you think about it. I know, again, like I said, this is not gonna make you rich overnight, but every dime counts. So if I'm getting an extra $30 a month and you are in Robinhood and you're not getting it, guess who's losing money? You're losing money and I'm making extra money. So let me know what you think about the program. If you haven't already subscribed to your channel, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. And as always, guys, stay motivated.


Liquidity refers to a firm's ability to meet its obligations using its assets that can be readily converted into cash. Now an asset's liquidity is subject to its nature and speed at which it is converted into no amount of cash. By liquidity we mean the liquidity of short-term assets and short-term liabilities whereas liquidity measurement as I have earlier said it is the firm's ability to generate cash when and where it is needed by the firm to pay off its short-term debt. There are certain sources where from liquidity can be generated. These can be classified into primary sources and secondary sources. If we talk about primary sources of liquidity, this means availability of readily accessible resources in the form of ready cash that can be in hand or lying with the banks. The second source is the short-term investments and credit lines available to the firm. The third is the management of cash inflows and outflows played by the firm. If we talk about secondary sources of liquidity for a firm, then a firm's financial position may change because of negotiating debt contracts that may relieve a firm from pressure of high interest payments and principles. So little amount of liquidity may be there. Another form of external liquidity is that the liquidation of firm's assets without losing their value. So enough amount of liquidity can be paid for the firm. And third is the filing of bankruptcy protection. So again a firm can get certain amount of liquidity to cover up its short-term liabilities to a certain extent. But a question is there that the usage of secondary sources may signal a firm's deteriorating financial position in the shorter period of time. There is another concept of drag and pull-on equity on liquidity. By drag on liquidity means a lag on firm's receipts that create pressure from declining in the available funds with the firm due to three reasons. The first is the uncollectible receivables. The second is the absolute inventory. And third is the tight credit available to the firm, whereas by pull-on liquidity means the quick payment or thin-trade credit requiring a firm to expand funds before the firm receives funds from sales. Now this pull-on liquidity comes due to three things like the firms are required to make payment earlier. There is a limit on the short-term credit lines set by the bank due to certain inefficiencies with the firm. And the last is the low liquidity position of firm due to certain reasons. By measuring liquidity we mean the firm's ability to cover short-term obligations as they become due. There are certain tools in the form of ratios that can be computed and used to analyze the firm's liquidity level. In this regard, the first is the current ratio. It sets out the firm's ability to pay off its current liabilities out of its current assets and a standard ratio is perceived to be a ratio of two. Then we have quick or acid test ratio. This is the ratio of quick assets in relation to the current liabilities of the firm and an acceptable standard for a general level of business is believed to be equal to one. The third way we have receivables turnover ratio. This ratio tells that how quickly firm converts its sales into receivables. Then we have number of receivables or days or the average receivable turnover ratio or the average collection period. This ratio tells that how quickly a firm gets its receivables converted into cash. Then we have inventory turnover ratio. This ratio tells that how quickly the inventory of a firm replaces its go down. This ratio is generally believed to be as much as lower. Then we have number of days inventory. This is the time taken by the inventory to replace the go down. It depends upon the inventory turnover ratio. If the inventory turnover ratio is higher, the average time taken by the inventory to replace the go down will be lower. So there is an inverse relationship between these two ratios. Number of days of payables or the average collection period. This is the ratio that tells that how much time the firm takes to pay off its creditors. This ratio has inverse relationship with the creditors turnover ratio. The creditors turnover ratio tells that how many times a firm turns its purchases into an average inventory operating cycle. This ratio tells the time needed by the firm to convert its purchases into cash collected from sales. The formula of this ratio is the inventory turnover ratio plus the receivable turnover ratio. Next we have cash conversion cycle. This is the difference between operating cycle and the average payment period. So we can say that cash conversion cycle tells the time taken from paying to the suppliers to collect cash from the subsequent sales.


Good afternoon, everyone, and welcome to the Stockswish Show play of the day. This is KKD. I'm still in this train. I am holding this to the Dream Target today. We'll see how it all turns out. This is one of these days where I actually decide that I'm going to hold something through to a bigger number here because I really like the gap. Every once in a while I will do that. I'm already up in the train, and so there's nothing wrong with doing that. And I didn't even lower my stop actually in this. But you could have. You could have lowered your stop in this. I still have the original stop. I didn't even take half the position out. I really, really, really have a lot of conviction that it's going to go to the Dream Target. And under 1631 is a new low in this, and I'm sticking with it. This hasn't, from now until 12 o'clock to break the low, and that's an hour away for Pete's Sakes. So that's very, very high odds that that happens. And once this breaks, because it's been struggling with this area here around 1630-ish, it should have a big move in it. And so it's worthwhile to hold something to a Dream Target and something like this. And every once in a while you will do this. I'm having a discussion with some people yesterday in the room. I have a new self-evaluation sheet for people asking them, you know, when do you hold something to a Dream Target? And when do you have the conviction to do it? And I think it's something where if you want to have really big days, you do have to hold something to a bigger number. And today is one of Dean's days here. So let's go look at this. A lot of nice places to take this today. Could have taken Amelia out of the gate, dropped down, rallied up, could have done an add, or taken a new train. Could have taken even more in here. Could have dropped down. And I did tell people that they could have taken half out here or something out. I just decided not to. I literally stayed with the whole trade. I'm still in the whole position here from the morning entry.  And I stayed with it and I did not kill it. Okay? And actually the rally event didn't get anywhere near the resistance here at 1685. So there's absolutely nothing wrong with this. And there isn't anything wrong with this and it looks great. It really looks great. Look at the 30. Good. Look at the 16. Good. So let's see where this goes. I mean, I love to get this and I'm going to do my best to stay in this somewhere with a 15 in front of it. Could be 1590, 1570, 1530-ish. I mean, once this finally, finally does it. It's been struggling with this area all morning long in here. You can see it. Every time it comes down it does little bouncy boots. It just really breaks through in there. This should just go. Just go like a brick. So I'm really preempting to break here for this to happen for some bigger move. But I'm up in the trade. I'm up money. It's not like I'm down. I mean, this is the reason why people need to learn how to hold the targets.  So what's the worst that can happen to you? You either make a little or you make a lot. I'd rather make a lot. So I'm in this trade. I'm in this trade and we'll see where it goes. And I'm going to watch how it acts. There's an extension here that's going to take place between now and 12 o'clock on the 15-minute chart. It was my top rated gap today. It rated better than anything else. And this is the only thing that I did today. Although you could have done some other things today that actually worked too. But this is the one. This is the one. This is the best one. This is the one I love the best. And that's why I have the rating system. The rating system tells me that something breaks the highest and that's the one I watch. It makes it easy for me. It makes it easy for me because I have a system that I follow. It makes it easy for me to trade and make decisions in the morning and decide what I like. And with the analysis that I have on the 26 points on the daily chart it helps me to determine if the stock has a big target in its site for it today or if the stock is going to have a big move for the day or if the stock is going to rally or if the stock is not going to go right today or if it's going to be a crappy gap or one I don't want to do or one that's absolutely beautiful and one that I have a lot of conviction in. Which I did in KKD today and that's the reason I'm in it. I'm still in the whole position. It's a long time for me to be in a trade without taking anything out profit when I've been up ever since I took it. Ever since I took it I've been up and I haven't taken anything out. It's 11.15. I don't really like to trade the afternoon but I have some things to do today to get ready for the class this weekend. So here I am. And I'm in it. So if you'd like information to sign up for the Golden Gap class it's this weekend, June 7th and June 8th from 9 a.m. to 5 p.m. Eastern time. If you want to do the class you can learn how to trade gaps. If you want to be in the live trading room the class is a prerequisite to be in the room to take the trades. This is one of these things where you can just follow me in the room after you do the class and take trades like KKD and just make money taking the trades and you can make the money back then for the class. So you've got to learn how to do it though. I strongly, strongly encourage people to do it. That's why I made the actual room requirement that people have to learn the system before they actually trade live with me. I think it's very important for people to understand what they're doing because it's your money that you're risking after all and so if you want to learn the classes this weekend it's going to be a good class because the next earnings season starts for the beginning of July and you want to be primed and ready to go and know what to do before the earnings season comes out for the third quarter. So let this guy boot back a little bit here it's not doing anything wrong and again some people are out of the whole thing some people are out of half I have the whole shebang here and we'll see what it does. Have a high level of conviction in with this really, really like the gap and I'm going to see its way through here till wherever it goes. This is Melissa with thestockswish.com if you'd like more information or want to sign up for the upcoming gap class email me at Melissa at thestockswish.com June is the last month to do the class at the current price which is $24.99 so if you're interested in doing it and know you want to learn gaps this would be a good weekend to take the course. I hope everybody has a fantastic day a beautiful day outside in New York City and I'm in a trade but I can see the sun from my window and that'll have to do until I'm out of this. Have a great day everybody.