If this test is only accurate 50% of the time, then yes it's a joke and just a way to steal people's money. But if it's closer to 60% and it's really so cheap, then I would think people could take several tests in a row to increase the accuracy.
So do you and Jonathan Weber think that Macy's is actually worth holding on to? It would takes more than weathering the storm to get me to want to own $M. Do you both expect Macy's to do well after the pandemic? I don't see how it would be possible to do better than it did before.
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I'll think about it. Did you buy the stock?
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100%
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Well said Michael.
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If this test is only accurate 50% of the time, then yes it's a joke and just a way to steal people's money. But if it's closer to 60% and it's really so cheap, then I would think people could take several tests in a row to increase the accuracy.
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I agree with all, except one point. Why would a possible coronavirus vaccine cause the market to go down. It should be the opposite.
Macy’s Q1 Was Bad, But The Company Has The Cash To Survive The Current Pandemic
So do you and Jonathan Weber think that Macy's is actually worth holding on to? It would takes more than weathering the storm to get me to want to own $M. Do you both expect Macy's to do well after the pandemic? I don't see how it would be possible to do better than it did before.