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by SV_BubbleTime 40 days ago
Again, facts, they have 9 billion in cash. How many companies have that on hand?
2 comments

Looks like 64 companies do:

https://www.financecharts.com/screener/most-cash-country-us

You can see from the right hand column that many of those companies have delivered returns over the last twelve months, unlike GameStop. Also it appears many companies that don't have $9 billion are generating returns as well.

You seem to be making some of your statements as if they exist in a vacuum. The context is easily half the story.

For instance, do you know where that $9 billion in cash came from? It was not revenue I’ll tell you that much. Their revenue has been rapidly dropping, they’re shuttering stores, etc. They didn’t get that cash from successfully turning around operations.