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Saturday, July 04, 2020 6:30:45 PM
A loan would have been better, but they can’t get a loan.
Good businesses don't struggle with commercial lending the way these guys appear to, especially with record-low rates being backstopped by FED.
What's wrong with the business that no commercial-lending is available at currently record-low rates?
Why do these guys continually suck on the teat of 'alternate finance'?
Could it POSSIBLY be:
1. the business ain't so great, and
2. commercial-lenders won't touch it, and
3. there are LOTS OF SHARES AVAILABLE FOR DILUTION as necessary, and
4. Anshu "doesn't pay attention to stock price" or actually care about retail shareholders"
Watching, waiting, and hoping for better days here.
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