Quote:
Originally Posted by woj
I meant profit is not excessive given the size of the company and risk involved... a simple common sense test to see if profit is excessive, is to just ask yourself: would I get into this business? would I invest in this company?, etc
for example:
porn 10 years ago: without a question "yes"
pharma company today: a "maybe" at best
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He just bought the patent within the last few months. He knew exactly what he was going to do. He would not have bought the company if he thought it was a big risk.
This is a pump and dump stock style (the industry he came from,) on the pharmaceutical side.