@Hingdog Agreed with your understanding of the time value of money but the main * to that is the cavate that you make those kind of returns.
You could also run the risk of losing your money and instead of $2.50 it becomes $0.73. Such as the reality for WR1 holders in the past 12 months
Yes, if the SP jumped to $2.50 tomorrow, it would mean that most holders would exit and everyone would have significantly more capital.
My issue and why its not just stupid but a dangerous comment is that in either instance he is implying that $2.50 is guaranteed to be worth $4 in 3 years.
1.) If hes talking about inflation (which I think he is), it would suddenly need to go to 15% a year in the next few months, with no stimulus, savings and while rates are somewhat high.
2.) 60% in 3 years, which isn't infeasible but completely omits the risks. If we got $2.50 tomorrow and someone went into something like a C1X or a OM1 like Kev did at peaks. They would be down 75% in a few months, with very little change of a remedy. Which would mean they would have more money had they just held the shares at the current price.
This is the pure greed play and I have no doubt, holders like Kevin would jump at doing that the first chance they got.
I prefer knowing my money will appreciate over time. Yes, I won't be the richest here or even the closest. But I prefer always knowing that each dollar I invest, when I go to take it out of the market is will be worth alot more. Even if it takes 3-4 years.
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