InvestorsHub Logo
Followers 2
Posts 920
Boards Moderated 0
Alias Born 04/28/2009

Re: Lurker from Mars post# 177466

Wednesday, 11/25/2009 11:49:00 AM

Wednesday, November 25, 2009 11:49:00 AM

Post# of 202893
That's true for the loans, but what about the normal, garden-variety short-term accounts payable?

At their present sales rates and expense levels, when will they conjure up the cash flows necessary to pay off their vendors?

And, if they don't bring their payables up to normal days outstanding, what vendor in his right mind will extend them any further credit? And, without further credit, how will they continue to buy the materials and services that they need to feed their product pipelines?

I was glad to see that they filed, but I'll be happier yet if they finally close on a new line of credit.

"..if giving people money so they could buy things actually made people
prosperous, welfare recipients would be the richest people on the
planet." (Bill Bonner)

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.