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by toomuchtodo 1516 days ago
Pandemic gambling steam was going to run out eventually, but with $6B cash cushion, gives them a lot of time to figure out a long term strategy or get acquired by a traditional brokerage looking for a youth channel.
1 comments

They have to keep that $6B almost entirely in reserve as collateral to avoid another GME. Why would you say stuff like this on a public forum when you have no idea how that industry works?
"Almost entirely $6bn" leaves a decent-sized handful of loose change, though.
Not when you are losing 100's of millions per quarter.