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Investing
- Thread starter Kepler
- Start date
MichVandal
Well-known member
Only in perceived value. It’s done nowhere near that actual economic anything.
ticapnews
Never graduate.
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.
Last edited:
MichVandal
Well-known member
I don’t get the appeal of high p/e, except for shareholders. But it seems that the business is over rated.
ticapnews
Never graduate.
ticapnews
Never graduate.
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....
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....
Kepler
Si certus es dubita
walrus
Wind up workin' in a gas station
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.
MichVandal
Well-known member
Sometimes companies should do this.Why stop reporting Quarterly?
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.
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.
ticapnews
Never graduate.
So Lil Hitler can hide his monumental losses for a while longer while retail investors grab that bag?Why stop reporting Quarterly?
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.
ticapnews
Never graduate.
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)