Has anyone actually gone to that Macroaxis site? I have, and thesnowcrow is correct, they do list MM as having a 45% chance of going bankrupt. However, they also show Southwest Airlines (LUV), as having over 38% chance of going bankrupt. This is the airline that has been profitable for 40 consecutive years....unheard of in the airline industry, and is arguably the most successful airline in the U.S, ever! After seeing that MM is only a few percentage points behind LUV, gave me greater confidence in MM.
MMMM someone already said it but a Balance Sheet analysis could help Macroaxis out. There is so much misinformation out there it is incredible.. Do your own Due diligence and do not depend on some bad analysis.
The company financial statements are solid. This happens to be MM strength.
So it's likely that you don't know there's this thing called a balance sheet. Or if you've heard of it, you won't know how to read one. So let me help you out. MM has cash. Lots of it. They have $123 million of cash or equivalents. They've got another $57 million in receivables that they have historically shown they are pretty good at managing. They've only got $500 thousand in long term liabilities as well. Their burn rate for the quarter was only $14.8 million. SO with that much cash and receivables and effectively no debt, tell us how MM could go bankrupt. Maybe you were thinking of VELT.
Guess you have not seen the customer lineup on the Millennial website....I advise you to take a look....GM, McDonalds, Coca-Cola, paramount and the list goes on and on.......this will NEVER go BK...........you better just cover and stop wasting your time trying to convince others to sell.........