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Re: Mike238191 post# 151888

Thursday, 01/04/2018 6:57:13 PM

Thursday, January 04, 2018 6:57:13 PM

Post# of 699219
you wrote:

My thesis is 95% chance of a total loss (bankruptcy), and a 5% chance of a home run. With those odds, I’m a holder if the best case upside is $5/share or better.


Hypothetically, Say that the odds of failure (total loss) is 30%.
And an 70% chance of a home run.
And that in the case of a home run, the SP will go to $40.
Would you feel better about holding on to your $0.25 shares?
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