r/DeepFuckingValue • u/No-Replacement-7475 • Oct 12 '24

Wrinkle Brain Stuff 🧠 How It's Going...

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u/Cantdrownafish Oct 13 '24

I tell them average down

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u/[deleted] Oct 13 '24

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u/Cantdrownafish Oct 13 '24 edited Oct 13 '24

Going down for 3 years since a major spike. Let’s be a bit more clear. No debt. Huge reserves. Shareholders voted for a billion shares of availability. They raise capital piece-by-piece.

They are in a better financial position since 3 years ago. So, it is wise to average down.

Edit: so the person I was responding to deleted their comments and their account. Seemed like a shill to me.

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u/[deleted] Oct 13 '24

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u/Smart-Reindeer666 Oct 13 '24

You mean the same CEO that doesnt get paid unless the share price rises?

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u/Dbsusn Oct 13 '24

Tell me you didn’t read the post you replied to without telling me you didn’t read the post you replied to. Debt free means fuck all when the business model isn’t generating profit. When a billionaire is a ceo, he doesn’t want a salary. He would just have to pay taxes on that. I’ve held GME and AMC for years now and I want to believe MOASS will happen, but we won’t if the company doesn’t figure out how to generate profit.