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03/06/22
14:45
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Originally posted by SentryBox77
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They were burning cash for many, many years before they floated. I knew quite a bit about their business model prior to the float and was astounded how they raised capital. I would have shorted this pos on day 1 if I could have found a broker dumb enough to let me do it.
As I mentioned on these threads at the beginning, the most important piece of research you could have done would have been to go into a few LBS and ask them about their experiences dealing via Bike Exchange - you would get a fair idea of the ‘challenges’ from that.
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...it's a shame really...I've bought a coupla bikes from them over the years...decent prices...fast delivery...was very happy with their service...