Hoodwink for sure and when you read management bragging about a small digit % improvement on YOY sales figures its a sick joke. No humility no remorse. Worthless snouts in the trough.
Here is a subscription revenue success story that you might like. Unlike battery swap and bikes as a service businesses they don't have a big capital investment in depreciating plant.
The company is Altium a computer aided software developer for printed circuit board designers.
Their share price history chart shape is very similar to other success stories.
I more than doubled my money on ALU when I bought at 40c and sold at 90c. I dodged a big win when I balked at doubling my bet when it fell further to 10c before I sold.
VMT could well be a replay for those who bought at 60c and balk at doubling down down while its trading to 14 c
I still look back in envy of the folks who stayed for the journey to the final exit strategy.
You learn from your successes even if you jump ship too early.
I just read in the business news the following:
