mr wolf,
the market is rewarding for earnings and cashflow, not growth, right now. These sort of announcements will only serve to provide the opportunity for sellers to empty in volume.
You aren't missing anything apart from the vital ingredients to keep a company going through a prolonged downturn. When they need more money, at what price do they need to raise it and at what rate of dilution to the existing shareholders?
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mr wolf,the market is rewarding for earnings and cashflow, not...
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