InvestorsHub Logo
Followers 6
Posts 3293
Boards Moderated 1
Alias Born 09/28/2014

Re: None

Wednesday, 08/10/2022 2:19:11 PM

Wednesday, August 10, 2022 2:19:11 PM

Post# of 128492
Doug
@TheGuyFromWpg
·
33m
Replying to
@ProfMJArmstrong
and
@matt_lamers
I think it’s important to remember that much of that “inventory” is unsalable garbage.

My guess is that it’s shown as inventory by large public companies to avoid having to write off even larger losses than they already have.

Eventually the chickens will come home to roost. ??