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boomshucka | 10 years ago

Massive leverage? Can you not read a balance sheet? They aren't drowning in debt. They have negative net debt.

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anotherangrydev|10 years ago

I haven't take a look at their last quarter report but I don't think their situation changed from:

http://www.wsj.com/articles/twitter-debt-rated-as-junk-14159...

to a healthy one in less than a year.

Can you please provide a link to the balance sheet you saw?

boomshucka|10 years ago

No, I can't. You can go look at the SEC like everyone else who can be bothered to actually have a clue before making comments. This is public information, there is no need to be so lazy as to not even bother looking.

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.