This one is a lottery ticket with no margin of safety. Just a hope and prayer they survive or are saved by rates cuts.
For me even a hurdle rate of a 10 bagger is too low. Plenty of Gold Miners and Oil services with similar upside AND margin of safety as there is close to zero chance (is Thanos shows up) that you lose your money.
JMHO on otherwise a great write up. Keep em coming!
This one is a lottery ticket with no margin of safety. Just a hope and prayer they survive or are saved by rates cuts.
For me even a hurdle rate of a 10 bagger is too low. Plenty of Gold Miners and Oil services with similar upside AND margin of safety as there is close to zero chance (is Thanos shows up) that you lose your money.
JMHO on otherwise a great write up. Keep em coming!
Yeah, there’s some stank on this one, for sure
Afraid I'll hafta take a pass on this one. Have you covered OPEN?
Yes, I posted a link to it a few weeks ago. I removed the paywall, so if you search OPEN, it should pop up