Do the maths : They burnt through all of all the first three quarters revenue plus burning through the first capital razing like a wounded bull who is hemeraging after a bull fight, its just a matter of time. If i were to take an educated guess, i would say about November they are going to look very shaky indeed. Right now i am thinking the bears are looking at a beast that they can devour whilst it is still alive.
FLT report will be very interesting to read as well, for the comparison. There is no bail out for both of these guys other than opening up the international borders, and that is a long way off , Vaccine or no Vaccine .
I came in at the 4 dollar mark, so I will make the call, take the loss and drink my medicine.
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