I'd never thought about the e-commerce angle, which is a very good point in market growth. So I looked on Amazon and GT has the #2 highest number of products for sale (via Amazon Prime) - Michelin being #1. The products are stocked in Amazon warehouses for quick delivery - I wonder how much that costs? On the other hand saves on warehousing etc.
Mr. Lahiri, I appreciate your time in sharing your analysis. But I have serious concerns about this stock and would like better understand how you can make such a recommendation.
Do you think it makes sense to buy a company because it claims to be growing exponentially when:
1) it has essentially no cash and lots of the debt
2) no earnings, only losses
3) it does not have enough money to fund the next year, so will need more money
4) management has already been sued for failing to make SEC disclosure requirements and for stating that results were audited when they were not
So how does this sound like a good investment to you? Can you please address my concerns?
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I'd never thought about the e-commerce angle, which is a very good point in market growth. So I looked on Amazon and GT has the #2 highest number of products for sale (via Amazon Prime) - Michelin being #1. The products are stocked in Amazon warehouses for quick delivery - I wonder how much that costs? On the other hand saves on warehousing etc.
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Thanks for taking the time to reply.
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Mr. Lahiri, I appreciate your time in sharing your analysis. But I have serious concerns about this stock and would like better understand how you can make such a recommendation.
Do you think it makes sense to buy a company because it claims to be growing exponentially when:
1) it has essentially no cash and lots of the debt
2) no earnings, only losses
3) it does not have enough money to fund the next year, so will need more money
4) management has already been sued for failing to make SEC disclosure requirements and for stating that results were audited when they were not
So how does this sound like a good investment to you? Can you please address my concerns?