Fair enough, I can understand not trusting the SEC.
If you know about it, they’re not hiding it very much, are they?
Absurd-seeming outlays seem like they could easily be evidence in the other direction, too, that’s part of the problem. If you have money to invest, exactly what project would you not leverage to get in on an opportunity growing 20% a month? OTOH, if literally everyone is shouting about how it’s a bubble and the numbers are lies, how eager are you to get in on the game of musical chairs, unless you think they’re wrong and your information is more reliable?
In reverse order:
Fair enough, I can understand not trusting the SEC.
If you know about it, they’re not hiding it very much, are they?
Absurd-seeming outlays seem like they could easily be evidence in the other direction, too, that’s part of the problem. If you have money to invest, exactly what project would you not leverage to get in on an opportunity growing 20% a month? OTOH, if literally everyone is shouting about how it’s a bubble and the numbers are lies, how eager are you to get in on the game of musical chairs, unless you think they’re wrong and your information is more reliable?