red red red means it's time to buy., page-7

Stonemasonn, I preface this to say I think this stock has a very good future, but quoting Charlie Munger reminded me of his view on hire and rental companies. He steered well away from them due to their capital intensity, lack of free cash flow and need to carry assets. His view was that all the free cash got spent on more and more equipment, which quite often was parked up on the fence for periods of time not making any money. He always was looking for companies that punched our free cashflow.
Both sides of the coin.
DYOR