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Last edited 3 years ago
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#Management
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Last edited 3 years ago

Annoucements like this from PIQ "World-first predictive test for Diabetic Kidney Disease could save $384 billion over 10 years" put me off management straight away.

It tells me a lot about management when they stress things like TAM (Total Addressable Market) in the billons as a small or microcap company.  It is a red flag to the quality of the management that they may be more of a salemen / marketer than a quiet acheiver who can tell me realistically what is actually acheiveable. 

And to mark it as a market sensitive annoucement is a bit galling too.

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