true, very true... one must have absolutely no conscience whatsoever in order to do that. It sure is not me. I once owned a few shares of a listed Co. called Walter Investment soley due to it's mispriced valuation/ intrinsic value' and the near term potential unlock built into it. It seemed someone by the name of Perelman Vadim Director, 10% Owner
Baker Street Capital GP, LLC 10% Owner
Baker Street Capital L.P. 10% Owner
Baskerville SPV, L.P. 10% Owner
Baker Street Capital Management, LLC 10% Owner
X X 8,806,082
Invested "Everything", and I mean Everything into it. It was a near total bust... I think he lost 99.9% or something like $250 million. I got burnt for $15,350. that was more than enough for me to lose.
I now do not follow anyone into anything unless I have enough believable info. and a strong gut feeling. Well its still a coin-toss outside of the supposedly reliable big CAPS and FANG... none of which I can afford to own. OTC Co.s have burnt more people exponentially than all three big boards combined by I guess at least a factor of 100. I surely hope SIAF comes through, or else I could be like you, out on the streets living hand to mouth at 60.
