Some may end up insolvent if cash dries up and then are unable to attract backers.Lets face it, how many on hc are now back to square one ,from early this year ...or worse.It will take a bit longer than a few weeks to get back the confidence for the masses to plough back in.
Some have more substance than others, but most dont.I like most were happy to jump on the latest "find".But not now.Like most i will be treading with caution when i re-enter,and it will take a lot more now to convince me to do so.95% cash feels good at the moment.
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