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For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. 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 on companies like Incitec Piv...
>>> Read more: We Ran A Stock Scan For Earnings Growth And Incitec Pivot (ASX:IPL) Passed With Ease
In contrast to all that, many investors prefer to focus on companies like Incitec Piv...
>>> Read more: We Ran A Stock Scan For Earnings Growth And Incitec Pivot (ASX:IPL) Passed With Ease
