Buying profitable companies just to basically slap a LVT sticker on it is really stupid.
but, if they don't run out of money it will work in the long run.
question is can they keep the ship afloat long enough for it to sail through this shit storm. I believe yes.
This does confirm that Karl doesn't understand a damn thing about his own company. He's Simply trying to copy and paste a basic m and a business model without any of the Underlying cash and performance that usually comes with such a strategy. He's made the gamble even bigger, you aren't buying a tech company your buying into his con game. And you might we'll make money anyway, but the bloke is an absolute flog when it comes to actually running a tech company. He's also a shit politician, and a shit hype man. So really he failed across the board at all aspects of billionaire leadership. But you might be able to make a penny at this price as long as the cost to buy is offset and eventually debt is removed, it will succeed.
LVT Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
