Replies to post #131651 on TAP Real Estate Technologies Inc (RWAX)

[NoMoDo]

I want people to learn how to invest and trade. I majored in finance and real estate early on in life. Out of college, I didn't do better at stocks than I did before college. Then a friend showed me how to apply what I learned in school. It changed my thinking completely. I post so that people who are stupid enough to invest their lunch money, can wake up the next day and not need to figure out how they will eat dinner. I personally don't want to match wits with some narcissist, but rather talk about how to look at financials, how to read a chart, how to evaluate a Q. For my benefit, I want to learn from others. I learn a bunch from others here regularly. Sometimes it is stupid stuff, sometimes it is life changing. I plan on watching Deadwood. If it weren't time for bed, I might watch it tonite. I hope it is life changing.



NoMoDo
Member Level

Re: Carjockey2 post# 126449

Thursday, December 12, 2024 10:22:01 PM
Post# of 131652
I really don't understand. We have two pretty intelligent people who have hoped for failure to the point of ignoring reality. I know that I was once hesitant to jump into several stocks because of their OS. Then a friend showed me that OS is important, but balance sheet, income statement and sources and uses of cash were everything. They could easily overcome a bad share structure, but the share structure would eventually need to be dealt with. OS is not the business and can easily be fixed. Changing the makeup of a company is extremely difficult. Then again, very few people can read a balance sheet or an income statement. Much less understand the value of a sources and uses.

Maybe these people can only see shares structure and nothing else matters. Maybe they have a personal beef with someone at the company. Maybe they are lonely and need attention. Not sure. I saw the exact same thing on TSLA when Musk was literally sleeping under his desk at night so he could focus on production. I read regularly about how TSLA could not possibly survive due to upcoming debt demands. We are not TSLA for sure, but those who are sure of a company's demise are everywhere. My advice to everyone is learn how to read a balance sheet first. Then learn about income statements. If you get that far, sources and uses of cash will help you learn whether the company will survive the next Q without doing a RS and paying off a toxic lender for the quarter with share dumps. My humble opinion is that HMBL is in a good place right now.