Most people here know how unlikely success it for a stock like this. That’s why there are outsized (ginormous) returns if you can pick one that actually succeeds.
I’m invested because i think the fundamentals make race more likely to succeed than others. I haven’t seen such promising signs in another stock, others seem like a total gamble. This is too, but there has been significant de-risking if you look into it.
There wouldn’t be huge buyout estimates/ speculation (or figures like in the triangle report) if it wasn’t super rare.
I read that and think “yep, but that’s got nothing to do with race. We know that most fail terribly, but what else has fundamentals like this?” Serious question!
Makes it worth a punt in my mind.
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