Only a fool like Goldfarb would set his money on fire. Instead of loaning the company money for convertible debt, and at minimum, doubled his money, and at the maximum he could have 5000% gains, he gets caught averaging down.
Let's not forget about Mr. Max Goldfarb. Max seems to have plenty of money. Because he bought 1.71 Billion shares of NGBL on the open market
Yep, it would be hard to find a bigger moron than Goldfarb. What kind of retard would buy that much in the secondary market? Now he is totally stuck. Even if he was just half an idiot he would have at least bought death spiral CDs.
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