Replies to post #32208 on Sixty Six Oilfield Services Inc (SSOF)

[Helter Skelter]

Never heard of such a thing. You can and should increase debt as profit grows. They can both grow simultaneously...

If I have a company that did $100,000 in profit and had $25,000 in debt and the company grew to $1,000,000 in profit...why not have $250,000 in debt? It would be advised to do so...JMO