Well that’s a much bigger US company!
LOL tbh its likely smarter to scale into Intel over the next five or two years then the cliff dive risks required for SXX to take off. I know someone who held PCT since launch, 25 year white knuckles turned out ok. A load of us on xtremesystems forum had a thread on INTC back in 2007 and then everything crashed but it still wasnt wrong to be a buyer. Those who reinvested dividends even through the lows really did achieve about the best performance to risk possible I reckon.
I want SXX to suceed and I cant see why they shouldnt be backed, maybe some miracle occurs in some post brexit snap back or maybe we sell off in every market till year end. They have a hard fight, I think its worth a bet but 'put 5k on it' is only valid for money you have to burn. The bond holders I guess will do best, JPM wasnt offering out of pure kindness they see a nice return possible and if it fails they'll sell the equipment and every asset. Its actual solid deposit, even in failure it'd be a solid asset so I cant see why they wouldnt get backing as there is security there. They arent off on a wild goose chase trying for oil in the horn of Africa, theres been worse risks I've taken then this for sure. Agriculture is going to be in demand, if it is then theres money out there interested but maybe it takes 20 years to arrive.
Speaking of 2008, this long term commentator makes a good point that its only ever 20/20 in hindsight
https://youtu.be/bL1EuhFS_u4?t=136
Woodford did just fine ten years ago, he should have stuck to that or gone to a hedge fund perhaps. Michael Burry who called housing debt out had to lock his fund and lost lots of money before realising a good profit.