Monday, October 11, 2010 5:47:58 PM
We might assume that something was defineitely crooked with Bradley, but there would be no point in jumping in to this mess unless you were trying to help fix it. If the point was to let it run down to triple zeros in order to short, why get involved and work so hard? Dean would have been quite capable of that.
There are clearly some serious issues with QASP, but the whole game of investing in developing companies is a game of hope and fear. I hope PPS is going to go up and I fear it is going to go down. The only way to moderate those forces is by digging beneath the surface for solid DD and learning from experience. For most of us, myself certainly, this has been an extremely expensive lesson, and hopefully I will be applying what I have learned here in the future in ways that it eventually pays off.
I may never meet or hear from B*A*N*K*E*R again, but I have appreciated what he has had to say in the past. I certainly hold him in higher regard than 98% of the posters on this board. And who knows? The Fat Lady has not yet sung yet from where I sit.
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