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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: Here's Why We Think Orica (ASX:ORI) Might Deserve Your Attention Today
If this kind of company isn't ...
>>> Read more: Here's Why We Think Orica (ASX:ORI) Might Deserve Your Attention Today
