Quote:
Originally posted by goBigtime
Cogent isn't anywhere near as bad as people make them out to be.
Imagine for a moment what would happen if _you alone_ were to open a gas station in your City that served up gas for 20 cents per gallon.
How long do you think it would take before everyone in the oil industry from the guy working on the rig, to the guy behind the gas station counter would be cursing your name?
That is a perfect analogy for what cogent did & how the market reacted.
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It would be a perfect analogy, if you didn't fail to mention the oil tanks blowing up frequently - and once you were almost out of oil, you just added water and continued to oversell your stock.