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Alias Born | 08/15/2016 |
Thursday, June 02, 2022 3:46:56 PM
Again you do not give up debt (which can be recovered via bankruptcy and I would consider that insurance to his investment). Instead, he is taking risk and saying they will produce for the shareholders. After some point this will rise and go parabolic as there’s no way Xavier would burn his own house down without the insurance aka debts to cover. Hence the reason I took a stab at this one.
I laugh when people think all otcs or pinks and even small caps are criminal yet the swings are greater, faster, and compelling.
Heck some even go the extreme distance.
This is in no way a comparison, but I bet most people didn’t even know that Warren Buffett’s Berkshire was OTC listed back in the day. His fund was based off finding companies in the sewer like this persay and finding value based on being in a shit market. I still believe in clearance deals benefiting the buyers.
You cant have my signature....it's priceless
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