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When stocks tumble the companies usually keep operating along, the shareholders take the big haircut.
by geoffc 17y ago
When stocks tumble the companies usually keep operating along, the shareholders take the big haircut.
- ericd 17y agoExcept when the company is cashflow negative and needs to continue issuing debt to operate. Once confidence in them is shot, and they can't find money to borrow, they file for bankruptcy. See the parallel?