With these types of stocks, you have some time for the business to turn around or for management to realize it's not viable and liquidate the company and disseminate the cash to shareholders or even to find a buyer,
With these types of stocks, you have some time for the business to turn around or for management to realize it's not viable and liquidate the company and disseminate the cash to shareholders or even to find a buyer,
Tech is fickle in terms of product lifecycles and investor infatuation and disgust so we invest in companies that have financial wherewithal to stay in business. If Gateway didn't have all that cash on the balance sheet, it probably wouldn't be with us today.
© 2020 Inspirational Stories
© 2020 Inspirational Stories