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Re: Dickmo post# 19030

Wednesday, 08/12/2020 11:40:59 AM

Wednesday, August 12, 2020 11:40:59 AM

Post# of 19254
With his smart and money........
He is still at the mercy of Mother Nature and cursed by the black swan event of the pandemics.
The question becomes can the business model withstand the change/impact and de-risking assets and leverage are possible??If not,it is a fool's play,get out and take the losses.
evidence of a fool's play:
2q loss of $3-$4 million
3q loss of $2-$3 million
4q loss of $1-$2 million
or
2020 loss of $9-$12 million before the $1.6 ppp loan,likely to be forgiven.
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