RE:Recent Seeking Alpha article by “Canuck Investments”Quality control is weak on SeekingAlpha. “Canuck Investments” is a known quality problem there. My own crossings with him/her have been over articles on mining stocks where the author's lack of knowledge has been profoundly disturbing for its potential to mislead uneducated investors.
One posted comment on the CXR article:
"Right now Concordia is bleeding cash." [written by the author in the article - TT.]
[comment posted on SA in response to the article - TT.]
I am now looking at the Balance Sheet for 2016Q1. I observe that the cash position has risen from USD$155.4M to USD$178.5M over the quarter.
How could an increase in cash position be interpreted as "bleeding cash"?
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TOMMY1 wrote: The author “Canuck Investments” ...