At his point it is indeed some kind of ponzi scheme - company endlessly diluting and endlessly promising huge stuff that never comes and a few guys promoting the company all over the world and getting in buyers showing those promises :-) That said, it doesnt need to end the way it looks.
But I was making another point - some say Solomon is brillint in his business but obviously he is far off in this area too. He is not able to estimate a single stuff right on this field, he is always too much positive and isnt able to react any other way than saying "later guys it will be great but at this point I have to dilute". Its been over 3 years like this. Always wrong, always in need to additional dilution, always raising A/S, always maxing it out. Now we dont have an EPS growth anymore here.
So where is the promised candy Mr. Lee?
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