| Followers | 313 |
| Posts | 51159 |
| Boards Moderated | 16 |
| Alias Born | 08/19/2009 |
Monday, February 20, 2023 12:50:56 PM
Why would a company lend money to another company that’s worthless?
Is that a serious question?
Kramer would loan money to any POS that was publicly traded in exchange for heavily discounted shares which he would flip for free money! Probably 99% of public companies that were desperate enough to come to Kramer aren't around anymore!
Shouldntvthrte be some kind of collateral?
Isn't that a really good question for the LTIs?
Kramer got discounted shares... what were the LTI's promised in exchange for their money? NO ONE KNOWS...
At least Kramer was transparent about what his cut was!
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