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Re: sharinky post# 221598

Tuesday, 10/29/2019 11:58:43 AM

Tuesday, October 29, 2019 11:58:43 AM

Post# of 425689
The *structure* of the report was fine -- standard analysis motif

The *content* was what was off

And if the revenue projections were actually based on what they released today, they would have been EXPLICIT about that at the time -- the primary vs secondary thing would have been SO central to the thesis.

They didn't have that. They needed $17 as a rec. They backfilled the numbers to fit that. When they got pushed, they fabricated a reasonable rationale -- which has been out there with shorts for awhile.

“The trick is in what one emphasizes. We either make ourselves miserable, or we make ourselves happy. The amount of work is the same.” Carlos Castaneda

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