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He wasn’t technically a convicted felon until sentencing, and IANAL, I think that falls under shit no one thought would ever happen.
He wasn’t technically a convicted felon until sentencing, and IANAL, I think that falls under shit no one thought would ever happen.
Because the share price jumped up so much last year to give them that cash on hand.
Also the $34 million loss is their best result since feb 2018, most of their losses have been 10x higher. Although it does look like a long term trend into the positive cash flow. Also the CEO is mentioning a stock dividend now, so that takes care of the cash on hand.
That would be a valid assessment if the stock price had jumped after the quarterly earnings.
Their stock price jumped before the quarterly earnings was announced. It has nothing to do with it, nor any of their fundamentals
Also notice:
Cash flow is neutral or negative and has been for a while now.
Revenue peaked in 2018 is now less than 62% of that peak. Revenue per quarter is also down 11% year over year.
Company lost 34 million dollars last quarter, and has not had a positive operating income since feb 2018. https://www.msn.com/en-ca/money/watchlist?tab=Related&id=a1tyxm&duration=1Y&src=b_fingraph&relatedQuoteId=a1tyxm&relatedSource=MlAl&l3=L3_Financials
You can fuck off with the “no one cared about the holocaust” bullshit.
My Oma’s family sheltered a jewish family during WW2 during Nazi occupation.
They didn’t know precisely what was happening, just that jewish people were being targeted and vanishing anywhere the Nazis controlled. A jewish family that was friends with her dad mostly fled to the US, but one man(a lawyer if memory serves) and the elderly mother stayed behind as she was deemed too sick to survive the trip. Her parents put them up.
Shortly after they were betrayed (by a starving neighbor desperate for rations who questioned why a healthy family of three had daily house calls from a doctor.)
A local industry (owned by a friend of the lawyer) stepped out and tried to get everyone including the jewish people, released from Nazi custody in return for the company relenting to Nazi pressure and helping them.
The Nazis released all of the non-jewish people, including my great-grandfather. The business changed their output slightly so that it wouldn’t be noticed that the pipes were sigificantly weaker than they should be.
Recall that the first quarter after the whole WSB thing, they had something like 2 billion in cash from that whole thing.
A year later, they had 1 billion.
Half a year later, 500 million.
All of a sudden this quarter, after shutting down stores all over the place and gutting their staff, they’re claiming 4 billion cash on hand, helped out by unproven social media claims growing their stock price 30%.
doubt. Their business model relies on physical games being sold multiple times, once when new, and then multiple times as used copies. This is why they’re focusing on retro consoles. New consoles have passable online marketplaces, so Gamestop cannot compete, and are completely inferior to PC gaming, which hasn’t needed Gamestop in 20 years.
It has absolutely nothing to do with their entire core business model being obsolete.
Nor with the issue that they’ve been hemmoraging money at a staggering rate.
Standard conservative lie.
Sell assets and put them in the budget to mask the deficit and “pay for” tax cuts.
Stephen Harper and Pierre Poilievre turned a $15 billion / year surplus into a $20 billion / year deficit that way, masking it as “only” $10 billion a year for 8 years.
If anyone did, he would blame Canada and Denmark amd probably Gaza because Putin and Bibi told him to.
What? All Google services have always been corrupt data theft systems.
The goal in this case is create a false legal framework that allows Musk to continue stealing the US government.
If theyre not called out for clearly lying, this is the framework that will clear them at the SCOTUS.
Theyre not removing it.
They are removing the local storage only and privacy settings around it.
To get those pesky hard fought labour laws overturned.
It was $200 for a long time(Thanks to GOP sycophant Stephen Harper), then after covid it was jumped up to something like $500 to kickstart cross border travel. Then it was reduced to $20.
0.1% for someone with a $500,000 mortgage would be $500.
0.1% for a large company, like say, Blackrock, that has $15 billion dollars in debt, is 15 million dollars.
Edit: however, Blackrock also *profited to the tune of 4.7 billion dollars, so the 0.1% increase is a 0.3% cut into their profit from last year. They can absolutely afford it.
The rich want to end democracy. They dont want to stop Muskler.
And almost everyone in Congress and the Senate is rich.
There are always weak men.
In the bad times they just hide more.
*Once the supreme court overturns them.
Glad you laughed, wasnt entirely serious
Also many of the “private security” (mercenary) companies do union-busting.