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boomshucka | 10 years ago
Issuing debt does not mean a company is "drowning in debt". The term "junk" debt does not mean a company is "drowning in debt". If a company has more cash on balance sheet than debt, it's net debt is negative. When they issued this debt they had negative net debt. Now they have negative net debt. They were not, are not and have never been "drowning in debt". Promoting false information about a public company is potentially illegal.
anotherangrydev|10 years ago
boomshucka|10 years ago
So to suggest they are "drowning in debt" only shows no understanding of simple financial matters, and little regard for securities legislation. Not all opinions are valid.