Yes, they're at it again. They use an erroneous mathematical model to justify their short positions. They are using a 10% NPV discount rate this time !! They ignore the $117.00 undiscounted share value in their own calculation. If this moron can earn 10% for the next 16 years elsewhere, I wish he'd go buy that investment and leave us alone. PLEASE, everyone read the whole article and see that it is full of bad assumptions.
Well we don't know that they are bad assumptions.
Every prediction of the future has to make assumptions.
Seems to me their assumptions are as good as any others.
However they are still assumptions.
The escalation of chargeable costs starting around 2018, however is a fact.
"their assumptions are as good as any others"? Really? Let's see I can assume that the sun will rise in the west and then set in the west and since one of those is a fact, my assumptions must be as good as any others....