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How long have they been around, making cars?
And that’s explains them being insolvent today? They are a net negative on society yet they are kept around because they make cars haha even tho they can’t do it enough to stay solvent.
If all the debt holders called in the debt today they would be toast
You're not this stupid, sir. Stop saying asinine things.
It's in the nature of debt that calling them in at a moment's notice would ruin someone: cue every mortgage ever.
And Ford isn't insolvent; words have meaning, stupid.
What meaningfully different between a producing company that's been around forever and has healthy cash flows to support its expenses and a new, aggressive Ponzi-financed pot of bitcoin without any of that is the chances/probability demand for its liabilities will evaporate.
Strategy relies on a tenuous, microscopic market for its oversized liabilities that it constantly needs to roll over to new suckers; Ford is in a vastly better situation to roll debt since they actually earn money — what a concept
Comparing a mortgage to corporate debt is laughable! Two different credit instruments plus mortgages are backed by the socialist system we live in.
Clearly you can’t read. I said if debt holders called in the debt today Ford would be insolvent. If a bankruptcy court liquidated all of Ford’s assets would every single bond holder be made whole? I think not!!
Your hate for Saylor and what he is doing is blinded you from basic economic principles.
It’s laughable watching you defend Ford who should’ve went bankrupt a long time ago.
You are the guy still viewing the market in the future cash flows model that must materialize to keep Ford afloat.
And the expectation of that future cash flow keeps the ford insolvent machine going.
Stop, stop, stop. You're just making noise, now.
If you want to seriously discuss corporate finance and bailouts and public markets, I'm all for it. But do it properly and not this retarded
Saylor is a twat, and a stain on Bitcoin.
I beg to differ. He just has an idea that’s different than yours.
That is it.
that's not "it." Nowhere near the end of "it."
Also:
"a madman sees what he sees" -- Eddard Stark, episode 1."a madman sees what he sees" -- Eddard Stark, episode 1.
😆
Really haha so you rather own a share of Ford over a Share of MSTR because Ford makes cars even though they are terrible at financial management. Someone who claims to be about free markets and economics how can you make any make sense of the fact that Ford is still in business? They should have went bankrupt before Obama saved them with a government subsidy. How easily we forget the cash for clunkers program the government did to bailout the overly indebted auto industry!
But let’s look at their free cash flows
You see $7.2B of free cash flow and you think great but if they applied every single dollar to their outstanding debt it would take them 22 years to pay it off!! and that is assuming they can keep up! 22 years when it’s clear they lost the EV race and other headwinds that face the business.
But yet Saylor buying Bitcoin is a scam. Using the public markets to raise money and buy stock stack cash and buy bitcoin is scam.
Price is the ultimate truth teller if the market hated MSTR it wouldn’t be trading at near $100 a share and market cap of almost $40B.