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Friday, June 26, 2020 1:27:43 PM
no touching and waiting for the next ER:
1 if mirror flopped,buy the stock below cash value(5-6c)
2 if mirror took off,buy the stock above 10c+.
i believe 1 is the likely outcome,and my reason for buying are
1 connect surface devices are the future
2 failed experience of the mirror is a plus
3 failed direct marketing experience is also a plus
4 sourcing out of china is a plus
5 better at sizing up itself next time is a plus
6 better risk taking: better being a copycat is a plus
7 legacy box customers are a plus
8 .............
or
i think of it as buying a development company,full of pluses,from its past mistakes,and the bills are all paid:i am assuming it can learn from its past,thus the odds of future blunders by capc are capped to a low minimum.
again,i assume case 1 and capc management can monetize from its past mistakes going forward.
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