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picastoc

28,742 Posts.

424

06/10/20

16:25

Post #: 47888339
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Originally posted by PigsMightFly ↑

You just made a very common mistake my esteemed friend, but thats okay, alot of investors new to the market make the same mistake.

I was in the market (long) before you were born. Buying loss-making, (almost) zero-asset, speccies like APT is usually a sign of inexperience.

Revenue growth is more important for a growing company than profit.

Every competent accountant on the planet would probably disagree.

What would you rather, 10% profitability on $10,000,000 or an eventual say 1% on $10,000,000,000?

I'll take the 10% profit anytime. The first rule of investing is not to lose money.

You can get 1% risk-free by buying bonds so why would anyone consider consider tying up $10 billion in a speccie with potentially unlimited downside.

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Your age is evident to me. I know because of the attempt to write "a lot" by writing "alot". The latter is not correct and, as an English teacher, I know exactly when people began writing the way you have here.

I am carried free now on APT. And I have, indeed, made a lot of $$$$$$s.

APT Price at posting: $83.48 Sentiment: Buy Disclosure: Held
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