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08/06/18
10:58
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Originally posted by ValueTrader82
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Clearly, you havent invested or lived through a cycle, or recession or downturn, because your rhetoric around early stage companies is far to 1-dimensional and tailored to the current economic environment.
You fail to understand, that early stage companies, who focus on customer acquisition at the detriment of credit quality is a recipe for disaster... Just ask Ondeck... I would 1000% agree with your sentiment if this business were not lending money and were a pure tech play.
Re Desperation... I'd be only so happy if this stock goes to $20... I just dont want to see it go back to $1 like Ondeck did, when people realise it'll write off 50% of its book.
You should get into Crypto, there are ICOs that will actually pay you to bounty supposed FUD - Fear, Uncertainty and doubt for them.... ie just refute sense, and discredit the source, utilising little or no empirical data outside an insane coin or share price....
There are ICOs that have zero utility or functionality with multi billion dollar caps, perhaps everyone who doubts them must be wrong too as their prices have soared.
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Just been to Rome; at the Vatican, where I petitioned the Pope to award a sainthood to ValueTrader82 for his tireless and selfless contribution the the well-being and wealth of ALL Australian investors.
It is being considered.