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Re: ebota12 post# 7445

Thursday, 02/19/2015 3:48:47 PM

Thursday, February 19, 2015 3:48:47 PM

Post# of 10782
Your logic is flawed.
You are still trying to use Market Cap as "proof" of value and it isn't. I just demonstrated that it is incredibly subjective. Based on your logic if a collector finds antique at a garage sale that he knows is worth 10K, and convinces a uninformed owner that it isn't worth much and to sale it to him for 50 bucks the item now becomes worth 50 bucks. That is not how it works. The item is still worth 10K the collector just used his position and authority to get it at a steal.
That is the situation with WFMC, to say that because people are taking advantage of that opportunity to pay a low price for something that is worth more MUST mean that it isn't really worth anything is a mistake. A mistake that I honestly do not suspect you are really making, but one that some people are.

~TLD

Everything I say is IMO. I am in NO WAY trying to offer investment advice.

“No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”
~Warren Buffet[/q