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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.
So if this idea of high risk and high reward doesn't suit, you might be more in...
>>> Read more: Is Now The Time To Put Reece (ASX:REH) On Your Watchlist?
So if this idea of high risk and high reward doesn't suit, you might be more in...
>>> Read more: Is Now The Time To Put Reece (ASX:REH) On Your Watchlist?
