Some better known tech stocks and their fall from grace - all have one thing in common.... fluff and under delivered. Don't drink the Kool Aid. Here are some rough figures on where TV2 sits (won't be exact but you get the point). I still make no excuses for management on any of these companies, including this one.
RFN -96.7%
1PG -95.6%
NOR -86.6%
IOT -79.4%
BRN -78.4%
TV2 -74.3%
WGL -72.5%
WBT -64.5%
THD -51.9%
XPE -50.9%
SYT -50.0%
I read an interesting article a few weeks back stating that (I think) 94% of acquisitions fail at some stage. Don't hang on to every word management of any company promotes to you, they only tell you what you want to hear and never what you don't want to hear. The most important thing is you walk away with $$$ profited, the rest is just noise in this end of the market. By the way this is not saying TV2 won't make it, just an example![]()
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