With due respect Damo - I get your general sentiment on the rich getting richer etc but, IMHO, it doesn't have the same relevance in this particular stock. For example, what capital gains would the likes of Maria be offsetting? She has been destroying our capital - including her own. Maybe you meant she is getting a tax refund to offset her capital losses?
As for the poor getting poorer - well again, IMHO, why would they be putting their hard earned pennies into this type of stock? It is nothing more than a speculative biotech stock...ie - full of risk!
Lastly, there is nothing repugnant or disgraceful about capitalism (if done right). Capitalism is what builds wealth but unfortunately it is undone by things like greed, corruption & fraud. That said, there is nothing that destroys Capitalism quicker than Socialism does.Standard Disclaimer: THIS POST REPRESENTS MY PERSONAL OPINION, PURSUANT TO SECTION 14 OF THE NZ BILL OF RIGHTS ACT 1990 AND SECTION 19, ARTICLE 4(1) OF THE AUSTRALIAN BILL OF RIGHTS ACT 2017. MY OPINION IS NOT INTENDED TO BE INVESTMENT ADVICE. I AM NOT A REGISTERED INVESTMENT ADVISER. I RECOMMEND CONSULTING A LICENSED INVESTMENT ADVISER PRIOR TO SPENDING YOUR CAPITAL. THIS POST MAY, OR MAY NOT REPRESENT THE TRUE STATE OF THIS COMPANY’S AFFAIRS BUT IN ANY EVENT, IT SHOULD BE TREATED AS COINCIDENTAL IN EVERY INSTANCE. ANY RELIANCE OR ACTION BASED ON ANY PART OF THIS POST, IS DONE SO AT YOUR OWN RISK. HAPPY INVESTING!
