Mate, let’s pretend we have no pipeline, no Covid tests, no hope.
My investment is currently 2,308% of my initial buy-in. So, that’s good.
But then let’s say, for example, we have roughly $13 million in our bank account and a manufacturing deal to produce best-in-class in the Covid space in the middle of a pandemic. That’s more than speculation, yes? Fact.
What is speculative is how many we can sell, which just gets back to a simple equation - take an educated guess (or gamble, if you will) that it might be a shitload and decide to invest now, in spite of what you clearly see is a lack of justification, for greater upside. Or, invest now and do your dough. No guarantees, you’re right, but currently I have 2308% downside to absorb before I’m broke. Don’t mind that buffer, thank you.
All other irons in the fire, including batteries, are absolutely speculative. The good thing is, those prospects could all burn in hell and we’re still looking pretty good.
I believe from here it is only a matter of “how much” upside. Even if it’s less than many here think, many are still outrageously in the black.
You don’t have to invest though if you don’t think it’s worth it.
ADO Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
