Dell has an awful balance sheet

Updated
Dell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here.

Dell is my number one short position with out-of-the-money put options into June.
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