it could go either way. I agree.
The thing is, that could mean a lot of things. For starters, what do we define as "success"? For now, it looks like a major milestone would be making it through the next twelve months without defaulting on the interest payments on their debt. (Certainly without that debt, I would not have put any money into the bearish case.) Even that, though, would seem to be far short of most measures of "success", for example, establishing itself with some sort of loyal customer base.
"Could go either way" also seems a bit vague to me. Ostensibly it means "50-50", but in a literal sense it could mean any chance right down to "scoring a nine-digit Powerball jackpot" and "the sun not rising tomorrow morning".
I agree with the others, SRCM is not a sham in the sense of it not ever intending to make money. Intentions, though, just pave roads that go where you don't want to. God bless the engineers that work for them, but unfortunately they look to me as if they're just too far behind the technology curve to hope to compete.
MW, please don't call yourself a winner until you've got the cash in your account. Call me a sadist, but I get a kick out of reading the most incredible rah-rah long posts on stocks literally days or even hours before they take a major dive. There are a hundred of those for every such post on the short side. Which still falls under the aegis of "going either way", but we've already been over that ground. |
