05-22-2019, 01:12 PM
Well, I specifically asked you a question, which I'll repeat. Are you 100% confident you know this investment better than those who keep piling on on the short side, now standing at 17M and counting?
I'll tell you this. I was seriously pondering buying back the half position we sold for the SHU portfolio. Then I noticed the 2-week rapport increase in the short position from 14M to 17M and I asked myself that very same question and I can't answer it anything close to 100%.
You really have to know the company inside out to be able to answer that positively. And even that's not fool proof, I've seen situation in which management was simply BS-ing investors privately, who gained a great deal of confidence from private conversations that turned out to be build on quicksand.
Don't get me wrong, I'm not saying Pareteum is like that but I can't rule it out entirely either.
Unless you have seen the majority of their contracts, quite frankly I don't see how you can be so sure.
For me its a reasonable bet, but not one to bet the bank on, and I am under the impression that's what you're doing. Could very well work out, I'm not saying that it can't, but for me there are simply a few unknowns that I fear others actually do know, I can't rule out that the shorts know more than me, but I sure hope you can..
In any case, good luck. If it pays off like you calculated, I'll be the first to congratulate you.
I'll tell you this. I was seriously pondering buying back the half position we sold for the SHU portfolio. Then I noticed the 2-week rapport increase in the short position from 14M to 17M and I asked myself that very same question and I can't answer it anything close to 100%.
You really have to know the company inside out to be able to answer that positively. And even that's not fool proof, I've seen situation in which management was simply BS-ing investors privately, who gained a great deal of confidence from private conversations that turned out to be build on quicksand.
Don't get me wrong, I'm not saying Pareteum is like that but I can't rule it out entirely either.
Unless you have seen the majority of their contracts, quite frankly I don't see how you can be so sure.
For me its a reasonable bet, but not one to bet the bank on, and I am under the impression that's what you're doing. Could very well work out, I'm not saying that it can't, but for me there are simply a few unknowns that I fear others actually do know, I can't rule out that the shorts know more than me, but I sure hope you can..
In any case, good luck. If it pays off like you calculated, I'll be the first to congratulate you.