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doglover1

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doglover1

Re: jsilk1983 post# 6728

Tuesday, 06/26/2012 4:44:08 PM

Tuesday, June 26, 2012 4:44:08 PM

Post# of 7280
They have NO cash - that's why they got the bank loan. If I remember correctly, they are paying about 10 % (or maybe more) interest on that loan, which is the rate banks charge their least credit worthy borrowers. Read their last quarterly report.

It's like me borrowing a thousand dollars and opening up a savings account then telling you I saved it.
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