Cash is King

Jul 30

Its summer time & you got 166M in the bank.a 1 red 1 blk convertible 911 Turbo S paid with commissions and trading profits and the girl of your dreams yup you MC! but then you have HOLO with a MC that is trading at a discount based on cash on hand..trading at .25 cash post capital raise & a 1:10 under its belt!. Well during inflationary periods most companies with cash on hand normally traded at a higher multiple based on run rate but with the Beta that comes with a panic, a squeeze. The Beta that these markets brought; pre Covid, the .com market, Crude, AI, the chip makers, software .. Crypto, Debt...now ? What I think is what a position to be in! A position of strength.. the cow is full of milk and by the time you finish, the cow has been full of milk waiting for you. in times of a slow down, and higher prices, its good to have a strong balance sheet, the living software you can be anywhere at anytime, you miss out but you are there!. A vacation before your vacation