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Re: MasterBlastr post# 107280

Tuesday, 08/16/2022 12:43:47 AM

Tuesday, August 16, 2022 12:43:47 AM

Post# of 141125
Well let's see who made it past 3rd grade shall we? I don't care to relive an engineering degree's worth of Calc classes but it seems to me that if their current value is $389,708,921,000 and they lost $94,744,073,000 in one quarter then they can lose the same $94,744,073,000 only 4.11328021528357 times (or 5 quarters rounded up) before the value goes to ZERO.
But that's ok. Citadel's not my apes and not my circus. Let them keep digging their way out of a hole. I'm just pointing out that it must've hurt losing $94B in a single quarter. I've seen CEOs get canned for far less.
I'll stick with AMC/APE TYVM and I've been very green for a couple years now from this play and now I'm just watching the show... Let's see where it goes. Tick Tock!

Have a nice day! smile

ps. and granted that doesn't show cash on hand, but when have they sat on significant cash?

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