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If having $54 billion dollars is "near bankruptcy", I think a lot of people wish they were nearly bankrupt.
by saghm 7mo ago
If having $54 billion dollars is "near bankruptcy", I think a lot of people wish they were nearly bankrupt.
- aurareturn 7mo agoIntel’s market cap was trading below their assets. Investors were pricing in bankruptcy risk.
- saghm 7mo agoSure, if they tried to spend all of their assets on buying back all of the existing stock that would be a sign they might be going bankrupt. Alternately, maybe the market cap isn't a perfect representation of how much a company is worth and it's a reflection of a complex array of factors that aren't easily explained away in favor of a simple narrative.