bingoo
2023-03-03

$iQiyi Inc.(IQ)$ Do you all realize 21.93 Billion dollars of debt is 3X current cash approx. and they just offered shares 2.5 weeks ago at $5.90, otherwise their cash would be lower of course and ratio different. Even if they turn a positive quarter, it will do nothing, debt will increase in fact. They will Cary this debt forward, the whole existence of the stock.

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