Quote:
Originally Posted by oldjudge
Peter--Sitting on sixteen million in cash? They're a public company for gosh sake. How much debt do they have? How many companies in your stock portfolio have less than sixteen million in cash? Their stock is up recently just because some yutzes decided that is was a good idea to short a thinly traded closely held company. It's called a short squeeze. No one is going to confuse CLCT and AAPL.They didn't cut their dividend in half because everything was going great.
Barry-Sounds like your friend thought his card was an 8 and he finally got it. My guess is that it was a borderline 7/8 and with enough submissions he got the higher possibility.
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Small company. It's all relative. It isn't anywhere close to being on the verge of failure as you suggested. It isn't struggling to survive, for what it is, it's thriving.
Dividends don't mean anything, they typically just mean the company has nothing better to do with its cash than pay it out. How is AAPL's dividend? AMZN?