Submitted by Ok-Faithlessness7931 t3_126om9u in wallstreetbets
Idbuytht4adollar t1_jeblm76 wrote
If they had 1.5 billion in cash and now 1 billion they burnt a lot of money and still aren't profitable . The cash on hand is irrelevant
Ok-Faithlessness7931 OP t1_jebm7ok wrote
That's up to you to decide. They actually have 1.1b on hand.
They've made four smallish acquisitions, bought a 14.5% stake in stratasys and are working on r and d.
That's where that cash has gone I think. But yeah I'm not trying to force anyone to buy, I just think it's a possible interesting special situation
Viewing a single comment thread. View all comments