-credit to nedroid for strange art

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Joined 3 years ago
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Cake day: June 10th, 2023

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  • Big corps always wave away debt if they can pay it off via revenue, or future promises of revenue, or … reasons. Why is it different here? Honest question. They have more cash on hand, it seems, than their current debt, so could pay that at any time. Why is it a true liability?

    Nice ad hominim BTW. I’m neither stoned nor a teenager, and make no pretense to be some financial guru.



  • From article:

    The proposal does not sound like a “terribly good offer” as it would saddle eBay with GameStop’s debt, said retail industry analyst Sucharita Kodali from market research firm Forrester.

    Uh… Gamestop has , depending on who one asks, no debt, or some sort of convertible thing to do with their warrant issuing last year. This article seems mis-informed. It’s an ambitious gambit, but would certainly not saddle E-Bay with any significant new debt.