You’re right Chuck. I intend to liquidate my entire position come next week. I suggest you do the same.
Doom and gloom ahead.
***** Sarcasm off. *****
Every company on the planet has debt Chuck. Even if it’s only recurring payables, every company has debt. Payroll taxes, general liability insurance, worker’s compensation insurance, PG&E, city taxes, state taxes, federal taxes..................facility maintenance and upkeep. EVERY company has debt.
NGW is doing fine, experiencing record sales and record profits.
Their debt is minuscule. Even the article states that.