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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.' Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
In contrast to all that, many investors prefer to focus o...
>>> Read more: If EPS Growth Is Important To You, Insurance Australia Group (ASX:IAG) Presents An Opportunity
In contrast to all that, many investors prefer to focus o...
>>> Read more: If EPS Growth Is Important To You, Insurance Australia Group (ASX:IAG) Presents An Opportunity
