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Saturday, May 15, 2021 3:44:03 PM
Most of the companies traded are pure bull shit, with 5 or 6 figures worth of revs, preying they can sell shares.
Some are legit and trying and 1% at best, make it and blow up to bigtime companies.
This is a billion + dollar airline. You know what it is.
The airline is getting bailed out, its just to what extent of pain to lenders and shareholders, too big to fail.
And if they use shares to help bail out lenders, in other words create a new class of shares, its a multi billion dollar problem so you know the share price will be in the dollars, as that can get the lenders whole. Or. if they need to sell shares to raise the money, the sp would need to be in the dollars.
Just makes so much more sense to buy here in terms of risk and reward.
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