Agree with all of this. Debt is okay for growing companies as most have to have it to actually afford growth. I've actually been consolidating the handful of stocks I own into a few that I really trust. $FRLF is one of those and I'll continue to do it at these prices as long as they last. Some of those that have good financials I've bought just don't have the volume to run which is due to what you highlighted about issuing shares, which has led to MMs walking the stock into the abyss.