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Thursday, October 29, 2020 10:50:00 AM
Everybody knows about "Black Swan" events in the stock market. Unexpected and unpredictable events. Financial Tsunamis that disrupt the market.
Stop and consider there are also unpredictable events which can and do super charge the market and create unimaginable wealth..These "White Swan" events are usually technical inventions or innovations..Going all the way back to the control of fire...and proceed along the lines of the wheel..to steam engines..internal combustion...the telegraph..airplanes..telephones.
Control of electricity..the internet...
And now we are focused on climate control and protecting the atmosphere from possible overheating of the planet by pollutants. Moving from internal combustion to electric motors is a logical way to control this possible problem before it moves into a stage we can no longer control. But to meet market realities we must be able to deliver electrical energy for a price which that is less than fossil fuel engines. Otherwise the market will not fully embrace electric motors..(the Market is limited in foresight)..
EXROF (if it is not some type of hoax)...Has a possibility to be a "White Swan" event...By improving the efficacy of electric motors and batteries...Removes the final barrier to "clean energy" in transportation. This would not only make every early investor in EXROF very wealthy...It would be great for the planet..
So using regular market factors in investing in this stock..Such as earnings..IS NOT GERMANE...Its just... does it work? or... doesn't it?
JMHO ":>) JL
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