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Wednesday, September 10, 2014 1:27:38 PM
This is good information and appreciate you sharing what you found through your own due diligence.
But before jumping to conclusion, you should take a look at some of examples throughout history of how industry were caught flat footed.
- Apple was ridiculed for the first phone that uses a touch screen, even though touch screen technology has been around since the 1970s.
- Tesla was shorted by almost every hedge fund because they though Electric Cars would never catch on. GM built and marketed an electric car in the 1990s.
- Immunotherapy has been around since the 1790s but didn't catch on until 2 years ago with BMY.
History is filled with examples indicating that it takes time to get things right. The company that spends that time "Perfecting" the product will win. Attributing the failure of a few to the failure of an entire technology is something people will always do.
History shows that this is not always the case, and history also shows that these are sometime the BEST BETS anyone can make in the market.
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