Monday, June 22, 2020 1:10:35 PM
But not all profits come from making money.
There are also human values to be considered.
But I do understand your wish to demonstrate in favor of the company. After all, isn't that how you'll make money?
I don't need to make money, certainly not by grabbing it unfairly from the unsuspecting public. I'm too old for this nonsense.
Not everyone may understand it but we must have shorts to balance against longs. Shorts are not bad, they simply bet against the very thing we longs bet on!
Without shorts we wouldn't have an executable market auction.
Citron and Hindenburg are known for shorting. So what? Does that make them bad? I don't read their stuff as I know they're trying to influence my judgment. But I don't label them bad simply because they go their way while I go mine. I guess that makes me bad---in their eyes.
How ridiculous this all is. The bottom line:
Until GNUS produces a meaningful profit, shares are virtually worthless and shouldn't be trading anywhere near where they are. Hope and faith belong in church, not in an investment arena.
Beware the wolf in sheep's clothing posing as an investment guide!
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