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Hi all, any CDD openings with your firm?
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Sure, but you’re betting against the hype. Pre-revenue companies are speculative, and often irrational. I don’t like unsure bets… stocks like this I find it best to either eventually buy at a huge discount and gamble or avoid altogether.
If there were fundamentals you could model (revenue, OI, units of a product, contracts, etc.) then you could somehow arrive at a price to pick a direction. But if you can’t explain a rational behind the price rising, how could you explain rational for a drop? Make sense?