Is BRN still a Spec Stock ????, page-90

Have BRN not already executed on its good ideas

In an academic sense, yes.

From a going commercial concern sense, no.

I suspect most investors are investing on the latter. not the former.

There are plenty of stocks where they've had great ideas. Even put those great ideas into practice. Even managed to get revenue. But still fail to manage to mak a profit. Or have their IP sued from them. Or have management embezzle money.

The existential threats to a profitable, successful company are innumerable. That's why they're so valuable if and when they occur.

BRN is still very very speculative. It hasn't even realy made it to the half way point of 'success' in my mind.