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The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
Despite being in the age of tech-stock blue-sky investing, many investors still...
>>> Read more: Here's Why We Think Bendigo and Adelaide Bank (ASX:BEN) Might Deserve Your Attention Today
Despite being in the age of tech-stock blue-sky investing, many investors still...
>>> Read more: Here's Why We Think Bendigo and Adelaide Bank (ASX:BEN) Might Deserve Your Attention Today
