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New Mexico | up trend.
6 months to a year of 1 cent to nickel up weeks would indicate a confident, sure total system.
btw I'm talking NET cash too. This business of the basis "gaming out" all the ups for producer REALLY sucks.
Keep in mind, the same down hit the producer takes is also charged on top of the consumer price..so it's a pretty tough total hickey for all but the middle.
Merchant cos might as well HONESTLY say they take 30% of gross sales as net profit...nothing wrong with the truth.
Perhaps the reason they do not admit the afore appears to be that by "gaming" basis they can run that thru various divisions ( accounting systems ) as supposed charge offs ( "other things" the market cannot supposedly account for ) thus is simply and more Truely hidden and non taxed net profit.
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