RE:RE:RE:RE:RE:RE:RE:More dilution and more debt This company makes money. Yeah their FCF took a hit last quarter but the 4 previous quarters combined their FCF was nearly 500 million. Compare that to Netflix FCF which lost nearly 2 billion in the same time period.
To say this this company is in debt due to a poor business model is just wrong. They’re in debt because they just spent 5billion of which they didn’t have in hopes of making their company stronger in the future. This is a long term play for me so holding for a few years I’m willing to take the hits until I see their business model is no longer working.