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Wednesday, 11/02/2011 8:24:48 AM

Wednesday, November 02, 2011 8:24:48 AM

Post# of 252
HGG Only has 2 Million Dollars in CASH Left and They are Cash Flow Negative Big Time

http://finance.yahoo.com/news/hhgregg-Announces-Second-bw-1564696557.html?x=0&.v=1

The Balance sheet and cash flows is a disaster

Cash and cash equivalents $ 2,113 Down from over 70 Million in Cash

Net cash used in operating activities (32,080 ) (59,431 )

Net decrease in cash and cash equivalents (70,681 ) (98,386 )

Beginning of period 72,794 157,837
End of period $ 2,113 $ 59,451

These idiots bought back stock and now there cash is running on fumes 2 Million in cash left and here opperating cash flow negative big time bankruptcy coming another CCity in the making here short