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Saturday, August 05, 2023 11:12:04 PM
I believe you mean the disappointment will be palpable. I rather doubt it will be palatable.
As for the phones, don't forget, they were meant to have been made in the good old US of A not China. It was a non-starter from the get-go and any fool could have seen that COP's US v Asia on a pure labor cost basis, made it wholly cost preclusive to do so. Were it possible, big guns like Apple would have snaffled all the prime site locations (and local benefits accruing to them) long ago.
In other words, those that did even a cursory level of Due on this stock would have seen all of the current issues coming a mile away. But groupthink is a powerful thing, as is peer pressure and the willingness to delude oneself when people spout unjustifiable positivity, that a dream outcome is within reach. Such false positivity is as dangerous as out-and-out pumping in my view and it's still being preached to the stalwart holders of shares in this shell company. Those that know least about the market, stock trading, company law, and business generally seem to be the ones putting the most positive spin on this. It's excruciating to read.
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