Why would they raise ? They have a shit ton of cash. So much that they paid off debt early. Consensus estimates are 100 mil profit next quarter...they literally have no need for cash. Maybe at some pt they announce a new vision and raise capital to build towards it
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Replying to @robbinhood692
you wouldn't raise like $2 - 10 bn on a massive uptick in value and invest it on the best opportunities ahead of you? Or pocket it for a rainy day and issue big bonuses for a job well done?
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Replying to @DanielleFong @robbinhood692
they had to have had some ideas in their back pocket. companies decide not to do something for lake of resources all the time.
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Replying to @DanielleFong
They just had a big management change so I dont blame them for not diluting right now. New board just took over 2 weeks ago! They immediately started converting many stores to build a pc centers. BTW just look at their balance sheet they seriously have a shit ton of cash
1 reply 0 retweets 1 like
you're right; that's enough to take a breather. still, i'd pounce
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