they can make plenty of money by doing a secondary offering. My god how much cash can they add to their balance sheet by issuing another 300 million shares at these levels.
those kids should be studying to learn a financial statement and not having so much fun.
any large corp has lawyers sitting around on the payroll anyways. This would'nt effect cash flow, if its true.
I have traded this both up and down, and I just want to hear the rationale for people being long in this stock. Its nothing but a traders stock in my opinion.
For the technical traders, its obviously maxing out. Fundamentally a lot has to change to justify this stock level. Its not even generating a consistent cash flow through operations.
Company has a great product, but honestly can you seriously justify this price?