You have pointed out that the owner of these shares at the current price is not holding an investment, but rather a trade that depends on perfection and sentiment. Well done!
I lucked into the Series B for this company through an investment in Thiel’s former hedge fund, Clarium. Unfortunately I sold it before the IPO. I recall that the Pentagon disputed their claim to have “found” Bin Laden, which made me question a lot of their other claims. Also this is another stock like Tesla that rocketed when Trump won, as if their principals’ support for his campaign would lead to lots of Federal deals. In this case unlike Tesla the puffery hasn’t been knocked out of the price yet.
I agree. Definitely a question mark on how much value their service adds. Did it do 70% of the work or just contributed 10%? Expert calls could help, perhaps on that.
Well reasoned overview with nice detail!
You have pointed out that the owner of these shares at the current price is not holding an investment, but rather a trade that depends on perfection and sentiment. Well done!
Thank you! Most investors forget to ask themselves if they are speculating or investing...
I lucked into the Series B for this company through an investment in Thiel’s former hedge fund, Clarium. Unfortunately I sold it before the IPO. I recall that the Pentagon disputed their claim to have “found” Bin Laden, which made me question a lot of their other claims. Also this is another stock like Tesla that rocketed when Trump won, as if their principals’ support for his campaign would lead to lots of Federal deals. In this case unlike Tesla the puffery hasn’t been knocked out of the price yet.
I agree. Definitely a question mark on how much value their service adds. Did it do 70% of the work or just contributed 10%? Expert calls could help, perhaps on that.