If the situation is coming apart quicker than expected, you can blame it on liquidity and management's inability to communicate and tell a good story.
More Quotes from Shelly Lombard:
It's just the wrong product at the wrong time.Shelly Lombard
So far they haven't been able to see a strong sense of urgency. It's a little here and a little there. It's not the sweeping kind of change that this company needs.
Shelly Lombard
Although GM has almost 17 billion of cash, it could run through that amount very quickly in a strike scenario, accelerating the time frame for a bankruptcy filing.
Shelly Lombard
This isn't monumental news. But anything that helps GM's cost of funding is a good thing for the company.
Shelly Lombard
While we give GM a 'B' for effort, this news is not as compelling as it sounds.
Shelly Lombard
The numbers were great ... they have great ratios, they have very affluent subscribers and their revenue per subscriber goes up every month. These guys are what every cable company wants to be when they grow up.
Shelly Lombard
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The improver of natural knowledge absolutely refuses to acknowledge authority, as such. For him, skepticism is the highest of duties; blind faith the one unpardonable sin.
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