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I have a background as a financial analyst, and I can tell you that maligning a competitors financial stability is one of the oldest tricks in the world.
If you can't beat the products, quality and price of your competitor the only thin left to do is undermine their name.
If the company is private it is easy undermine them because the owners are not going to make their financial statements public.
My observation is simple: they are a growing private company with a long backlog on their products. That sounds like the opposite of a failing company. The ones that go broke are the ones can't sell their products.
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