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Investing

It looks like 168.75 might have been the ceiling (for now). Back down below 165.
Market cap: 2.16T

Almost the GDP of Canada; higher then the GDP of Mexico. It would rank as the 12th largest country on the planet.
 
ticapnews said:
It looks like 168.75 might have been the ceiling (for now). Back down below 165.
Market cap: 2.16T

Almost the GDP of Canada; higher then the GDP of Mexico. It would rank as the 12th largest country on the planet.
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Only in perceived value. It’s done nowhere near that actual economic anything.
 
MichVandal said:
Only in perceived value. It’s done nowhere near that actual economic anything.
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It is now trading at over 100x earnings

Welp. $175 and still rising. $2.27T market cap. Canada is 11th at $2.51T

Italy is #8 at $2.74T.
 
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So the IPO is back below $169. The question is did the funds get in on it early and have already bought, or are they only going to buy when legally obligated to in 5-15 days?

If they already bought, now would be a good time to short it. If not, the price might still spike. Or just stay as far away from that dumpster fire as possible....
 
ticapnews said:
Or just stay as far away from that dumpster fire as possible....
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1*YA4F14cxfsNltrhUvvT1Pw.png
 
walrus said:
Why stop reporting Quarterly?
keepitquarterly.org

Stop the SEC's Six-Month Blackout

A new SEC proposal lets public companies hide financials for half a year. Insiders win. Retail investors fly blind.
keepitquarterly.org keepitquarterly.org
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Sometimes companies should do this.

I very much remember when Jac got canned (with a huge golden parachute) and Bill hired Alan. Somewhere in that mix, Bill realized that the constant reporting of numbers to wall street made his management change focus so much that the product really suffered, hence why the stock price dropped from ~$30 to just about $1.50 (causing jac's fall). Alan came in, and they changed how they reported to Wall St, and all of a sudden managers focused on the product so much that it literally turned the entire company around.

One of the best things that ever happened to Ford has almost killed Boeing.
 
The reason SpaceX is down 20% today is because today was the first day some of the VC who were early investors were able to sell their shares. In the old days they would have had to keep holding those bags a little longer but the rules were rewritten to accommodate Lil Hitler so now we get to hold those bags instead. And this is just the beginning. The next round of VC shares hit the market on day 15 (Tuesday 7 July)
 
Kepler said:
Annnnnnnnnnnnnnnnnnd it's gone.

tldr: SpaceX has lost more since its peak than 495 of the S&P 500 are worth in total.
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It's not gone, yet. It just *barely* dropped below it's opening price. Which is about 50-100x more than it's closed to being worth.

When it drops below 50, that would suggest investors are not as dumb as I think most of them are.
 
MichVandal said:
It's not gone, yet. It just *barely* dropped below it's opening price. Which is about 50-100x more than it's closed to being worth.

When it drops below 50, that would suggest investors are not as dumb as I think most of them are.
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The bagholders are that dumb. Every sale is a sale to someone.
 
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