GREY:GLKIF - Post by User
Comment by
Floridas2000on Jul 04, 2018 5:08pm
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Post# 28269363
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Negative equity
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Negative equityThen why are you so stubborn? I mean yes they have debt but that's not the only metric in which to judge a company. I think you know more than to think that way.
Give me a junior graphite in a better situation. Answer the points I made, especially pertaining to the graphite field. Respond to me intellectually in that format - that's what i want in a fair conversation. You know how much debt Amazon and Tesla are in? You're looking at past debt, I am looking at future potential revenue. I am not auditing their books, have you ever audit the books of a small cap company leveraging debt? You must've, oh my goodness it's so messy. When Tesla first went public their books were gross. Their debt to equity was so obscene. Off those numbers who would by that $20 stock, incredibly expensive. I'm not saying Novocarbon is Tesla but I AM saying their future vision is what is worth investing in. They're survivors and when you have survivors running a company you want to back them. But that decision should come after due diligence. Real due diligence. Talking to management. Knowing about their business. Understanding their clients and the future of what they're selling. Talking to educated people about the pros AND cons. Reaching a decision and sticking with it. It goes beyond looking at an income statement and saying debt = bad. How are they going to survive? They said the same about Bezos, Zukerberg, Musk et al. (Not that I'm comparing)
I don't need luck on my investment but I appreciate it. I've done my due diligence. I understand your point and I will get more information about the lack of revenue. Time will reveal all. Bye...
Oh and good luck in your investing as well.