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Anonymous Posted 15 years ago
Grammar

Book profits on euphoria

Hi!

>We don’t think both companies are ready for the merger as yet; recommend investors to book profits on euphoria in both these names.

I don't understand the meaning of the "to book profits on euphoria" part of this sentence.

I assume "to book profits" is the same as taking profit (by selling the stocks), but what is "on euphoria"?
  

Top answer

I think "booking" them would be recording them in the ledger. In other words, continue to keep the two companies' books separately. "Euphoria" sounds like some kind of business venture in which both of the companies have an interest.

— Avangi

  • I think "booking" them would be recording them in the ledger.
  • In other words, continue to keep the two companies' books separately.
  • "Euphoria" sounds like some kind of business venture in which both of the companies have an interest.
  • I don't understand why it's not capitalized.
  • It does seem strange (if not illegal) to enter the same profits under two different companies.
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1 Answers
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I think "booking" them would be recording them in the ledger. In other words, continue to keep the two companies' books separately.

"Euphoria" sounds like some kind of business venture in which both of the companies have an interest. I don't understand why it's not capitalized.

It does seem strange (if not illegal) to enter the same profits under two different companies.
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