GREY:ARGEF - Post by User
Comment by
Astrosmithon Mar 10, 2017 1:45pm
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Post# 25964746
RE:Glad
RE:GladBut for distressed company investing this is the good side of the trade to be on coming off the bottom. This is the timing where smart venture capital waits patiently for. Pick up the comapny on the brink and ride it up and sell when the excitement pushes it past calculated value levels.
If we were coming down from 0.90 again and Caldwell bought in to short 10mm I'd be quite worried.
Downside here is so minimal at least until the cash starts to run out which will be quite a few months now that we've got the recent financing.