pls elaborate the number and more. I am not good in accounting and the financing terms.
You are correct. Amazing isn't it? Add in $4 billion worth of debt-free real estate and it just gets even more curious why the stock is trading at these levels.
those sales numbers should be ridiculous for this qtr
The expression "debt-free" means something that does not describe BBRY's real estate, which is encumbered by $1bn in debt.
Liabilities much greater than cash position. 2.9bn in purchasing commitments alone. Poof!
Supply chain management. Have you ever heard of it? Every major company commits to buy supplies ahead of time. Nothing new except maybe that shorts are discovering it.
Sad but true.
However it's not going to take to much to see a $3-5 jump in the next 2-3 months.
Sentiment: Strong Buy
You are wrong! At their last earnings they had $2.6 in cash, which they are burning very fast. Just wait until the next one!