CVT 0.00% 1.5¢ covata limited

The examples were there for all to see. If company management...

  1. 9 Posts.
    The examples were there for all to see. If company management had been open to such ideas, they would have done so. Unfortunately, the co playbook seemed outdated and wrong. The evidence is in how they spent their time and investor's money.

    When I read that a company is expanding it's business costs by moving to some of the world's most expensive cities without having a sustaining business to begin with, that should be a hubris alarm. Then the money-seeking bastard inside me spoke: "maybe they have a secret advantage".

    I go back to what I previously stated: Adoption. Where was it? Was it enough? No.

    Investment advice is almost always uninformed and hype-prone. Technical analysis is more nonsense than not. Most restaurants fail within a year or so of opening, as do startups. How this one managed to continue getting investor money is a puzzle. There are lessons here.

    If you are wondering, I harbor no ill. It seemed like this could work but it started looking like a slow moving wreck after the 3rd CEO left. I think the current one is #7, did I count correctly? That is insane.
 
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