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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 are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
If this kind of company isn't ...
>>> Read more: Is Now The Time To Put Metals X (ASX:MLX) On Your Watchlist?
If this kind of company isn't ...
>>> Read more: Is Now The Time To Put Metals X (ASX:MLX) On Your Watchlist?
