The other flaw in your argument is that the company had a good quarter. Adding $500 million to their cash position from "financing activities" doesn't make a good quarter. They lost money ($3 million).
If they did that every quarter - they would continue to add to their $5.3 Billion in debt, and their $356 million in interest payments per year.
Now's the Time to Buy Something [View article]
If they did that every quarter - they would continue to add to their $5.3 Billion in debt, and their $356 million in interest payments per year.