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Re: CEMJQ Multi-Millionaire post# 26514

Thursday, 07/16/2009 6:16:58 PM

Thursday, July 16, 2009 6:16:58 PM

Post# of 67237
Sorry sir I don't remember claiming I sold, and I didn't think ownership and a diehard long position was a prerequisite to post here.
If you look at Madclown's excellent blog, you'll see the cash went down from 66M end of March to 30M end of May. Seems to me their cash position was running out, and yes, they had access to DIP but how much can they continue to use that with cashflow negative? Doesn't seem we will have to find that out, things should improve if they stay cash flow positive.

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