Originally posted by Inferno31
Clearly I should have done an IP law degree at uni. Like you I have spent enough time pouring over minutia to find flaws in other opportunities and not invested in things only to see them go up. In the spec end of town doesn’t matter .
I liked the product because I would use it personally cause it makes sense to me.
What I know is market is big enough for many players and as long as they continue to grow, it will move up. Patents and other things don’t really matter in this case for me. There are no patents in automotive sector but still market large enough for everyone to take a share of the pie.
I have my approach to investing or gambling as you and you have yours . In this case atleast I have put my money where my mouth is, you sit there obsessing over one arbitrary thing over a stock that you don’t hold.
Let’s leave it at that for now . We will see in the coming months if management can come up with something or not .
"Splitit is looking at partnering with them to see if their
patented technology can be rolled out out to banks" - said you initially - added highlights also.
You didn't even know what that patent technology was, and now you're all - I don't need to read into it, it's not relevant, it's arbitrary. It's pretty relevant when the whole premise of the business relies on their idea of using someone elses infrastructure and risk; and their prospectus uses patent as a buzzword generously.
Why can't I 'obsess' over a stock I don't hold? You don't pour over details of a company AFTER you've put your money in it. That's some retarded level investing right there. And you don't need a law degree to glean a patent, just like you don't need a finance or accounting degree to read and understand a balance sheet.