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kumagawa said:
kowenicki said:
Why are people saying "holy shit its true" as if they know what it means in the context of the business.

Why do people think cash of $150m is bad?


Because it's $130 million less than 2 months ago.


We are talking about money in the bank right?

It's really useless to compare how much money a company has in the bank now and how much it had 2 moths ago. If two mohts ago they had doubble the money in the bank but dubble the bills to pay as well, it sort of evens out again.

Plus for a company to just hoard money in the bank for no apparent reason is stupid, you could put that money to work and make some more money with it... There is  a treade- off betwen liquidity and profitability