Beware of companies that depend on Stock Buybacks

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Beware of companies that depend on Stock Buybacks RHBATS:RHTwoBULLISHthe company has a market cap of 10.2B - with a price to book less than 1 - there is no view that this is a "choice asset" - the cash is 41 million and the debt is just shy of 2.5 billion so give or take 30% of the market value - inventory is 1 billion - deferred revenue and customer deposits is 340 million. revenue is 842 million - and the goods cost 57% of that to make - the selling and marketing cost is 31% - and the money cost 6.5% 54.265 million that's right