Tuesday, April 20, 2021 1:05:45 PM
This is not necessarily true. There's only an indirect relationship between sales and positive cash flow. For example, a company can outspend its revenue, causing operating losses, and subsequently leading to negative cash flow. This creates the need for additional cash, which can be acquired by additional debt or dilution. Sound Familiar?
Cash Flow is indeed KING.
BIEL needs positive cash flow generated by operating profits.
All of my comments are based on my own due diligence and are only my opinion. Please conduct your own due diligence and research before deciding whether to buy or sell any stock. My posts are for entertainment only.
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