RE: RE: RE: RE: RE: Sub $7.00 SP "BearBullMarket, with that $500M loss, their cash and cash equivalents actually increased last quarter."
50c, you can not look at it that way. Check the financials. Cash had a modest increase due to a large portion of the Receivables being monetized. It is no different then someone burning through $5,000 more than they earned but their bank balance increased by $5,000 due to them selling one of their automobiles for $10,000. Yes, actual cash and equivalents on hand went up but the assets went down. In both cases, at the end of the day, they lost the stated amount. Spend money from your left pocket then move some money from your left pocket to your right pocket and you can honestly say your right pocket is richer, but your pants are still poorer.