if you read their pre-Q reports, I wasnt sure they couldnt have found a backer to be honest. the company was trending toward profitability. timing got them is all. If only one bidder ended up wanting this I would also agree with you, and I would have been out. the fact that there were 2 interested in the whole ball of wax, and 9 others bidding on pieces, lent me some hope that there might be a glimmer of a chance that this ends in higher bids due to the interest. the fact that they formed a consortium with other high profile groups tells me they were extremely serious.
Does this mean I am blindly saying it will pay, heavens no.
I am saying that my small initial investment is already written off. I have guaged (in my own opinion of reviewing the reports by PWC) that there may still be a 5% chance this pays off.
So why not? lol....its just a game:) stop being so serious:)
As I said ages ago, your evaluation of the current risk is completely subjective. It is extremely high risk, and that just means you should only risk what you are willing to lose. everyones number is different.
But there are no definitive facts regarding price yet, so hope is not lost so to speak. If you have determined that it is, then we know your risk tolerance is less.
no big, and that isnt a dig. just based on what your financial situation is. As one famous reciever in the NFL once said to a 25k fine "Straight cash Homie"
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