RE: RE: RE: Some major selling happening today"Converting" bad debt is a GOOD thing. If it was bad debt, it was already written off last year as a loss, but they got PAID, which is why it is no longer bad debt. Their revenues were up, and it was not "only because of converting bad debt."
Bad debt is not some sort of financial trick, and recovering it is not a negative. It means they have good management and good business relationships, and for a tech company, especially in alternative energy, at this stage of development, showing a profit is a big deal, even if half of it came from coffee sales in the cafeteria! [that was a joke]. Of course they've still got a way to go. Nobody is saying they are now on par with IBM as a secure investment. But the movement is clearly in the right direction.
clk