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General Discussion (Public) / Re: BitCoin
« Last post by jdaniele on February 21, 2018, 06:04:29 AM »Are you surprised they're spending like that? It'll work out for them. They're investing in space so this isn't surprising to me.$62 isnt expensive, burning through cash and not being profitable is...last week i bought shares of MZOR Mazor Robotics they make robots for spinal surgeryThey seem like a healthy company. With $62 looks like they're alittle out of the range I'm looking to buy at.
thinking of burning through cash did you hear about this: "Bloomberg is estimating that, at its current rate of cash burn, Tesla will exhaust its entire cash reserves during the first week of August 2018 — Monday, August 6, 2018, at 2:17 a.m. (ET), if you want to be precise."
https://www.protradertoday.com/articles/teslas-cash-set-to-run-out-in-august-2018/254
You're right that $62 isn't expressive but I'm looking to stay in the $10-$40 range. I want shares.