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Cash and equivalents went up by $1.3Billion - they're just stocking money in a cookie jar and declaring it as a loss? Great company for stock owners!
by anujbatra 9y ago
Cash and equivalents went up by $1.3Billion - they're just stocking money in a cookie jar and declaring it as a loss? Great company for stock owners!
- narrowrail 9y agoWhat do you think a public offering is for if not to raise cash? It's not like they are giving it back as a dividend, so I'm not sure what the "stock owners" are getting that is great? If the company grows, shareholders might reap some rewards. Because it is a gamble, shouldn't the shareholders profit from their belief in the company whereas most comments here decry Snap as worthless? Please pick a side.
- deleted 9y ago[deleted]