Originally Posted by
SiriuslyLong
One comment about SIRI debt. There are many companies with basically a 1 to 1 total assets to total liabilities (yeah, I know there a dozens of "better" ratio's, but this one is quick for my simple mind), but the big difference is that these companies are making a profit. I can't recall the one company, but it was trading at 25 bucks. It has a similar balance sheet (macroscopically), but a vastly difference income statement.
It's a matter of time until Mel & Co. gets this figured out.