Lafleurs Guy
Guuuuuuuy!
- Jul 20, 2007
- 82,136
- 55,550
Tariffs will spark inflation big time. Who knows what he’s going to do but hopefully he sees that this is not a viable path towards anything.
OT: Lets talk about stocks (Part 3)
- Thread starter Lshap
- Start date
Grate n Colorful Oz
Pure Laine Hutson
If ever the tarrifs go into full effect he'll end-up with a civil war on his hands. Middle-class Americans don't know austerity.
DAChampion
Registered User
- May 28, 2011
- 30,896
- 22,791
There's been a slow grind austerity here for decades.
Most people under 30 will never own a home.
Though even there it's not as bad as Montreal/Toronto/Vancouver.
Grate n Colorful Oz
Pure Laine Hutson
Playstation Network's been down since last evening. Sony limited to saying "unscheduled maintenance" and nothing else. People are talking of a major hack, similar to 2011. Anyone remember if the stock went down back then?
Lafleurs Guy
Guuuuuuuy!
- Jul 20, 2007
- 82,136
- 55,550
They were hacked in the early 2000s and the hackers started revealing emails and all kinds of things. Pretty sure the stock took a hit.
MD thaivuN
Anime Music Hipster
Sony stock is currently down 1.43% during JP trading hours. Personally, I got a long call at $23 strike price in June. Whatever is gonna happen to the stock is probably gonna a small blip. The gaming portion of Sony is a big part of its revenue, but it's also the division seeing the least amount of profit margin growth compared to other Sony divisions. I don't think big institutions have been buying the stocks lately because of gaming lol.
the valiant effort
settle down, bud
- Apr 17, 2017
- 5,880
- 7,453
Instability and irrational decision-making is how the little guy gets ahead in this world. Huzzah! DOGE TO THE MOOOON
Grate n Colorful Oz
Pure Laine Hutson
I regret not putting up 100$ on Doge when it started and had multiple zeros under the decimal.
the valiant effort
settle down, bud
- Apr 17, 2017
- 5,880
- 7,453
A house rep plans to interview attending physicians and Warren Commission members to get to the bottom of 11/22/63, so the truth that comes out should give us a pretty good market bump
HuGort
Registered User
HuGort
Registered User
Tesla stock taking a beating today. Down 8% as I write this. Chinese sales were weak it said. I imagine Musk political activities never helped any.
MD thaivuN
Anime Music Hipster
Tesla's stock is pretty much overvalued to the moon already. I don't think it's done dropping. It might just go back to pre-November levels.
DAChampion
Registered User
- May 28, 2011
- 30,896
- 22,791
On the other hand Musk might negotiate himself a monopoly and 100% tarriffs on any technology such as electric cars that is better made by the Chinese. Also AI and robots. He'll have a monopoly through the US, EU, Australia, Canada, etc.
If that happens, Tesla stock will increase.
Hope Of Glory
Registered User
That's a lot of wishful thinking. Even if some of that were to come true, that might justify Tesla's current price, not make it rise. Musk pissed off the bigger part of his client base with his recent antics and Tesla doesn't sale that many cars (compared to other companies) anyway.
But I wouldn't short it still, Tesla stock ownership is a cult at this point.
DAChampion
Registered User
- May 28, 2011
- 30,896
- 22,791
It's not just the electric cars, Musk Industries may also develop a Western monopoly on AI robots, for example.
The cult is part of the underlying strength.
Hope Of Glory
Registered User
Not impossible but this sounds like "We'll have robotaxi before 2020 and your Tesla will earn you passive income" that Musk claimed in like 2015 or something.
Man has not even produced a new model besides the poorly made Cybr truck in what, 5 years? And somehow he's going to build an entirely new product from scratch?
When will he even have time to manage Tesla or some other company with all his involvement with the US government?
Lafleurs Guy
Guuuuuuuy!
- Jul 20, 2007
- 82,136
- 55,550
It’s not just Tesla, the markets suck right now. I suspect a lot of it has to do with the crazy firings down South. If they’re cutting government spending and firing folks, it’s not going to be great for the economy.
Grate n Colorful Oz
Pure Laine Hutson
Habs
Jake Evans will steal your wife
- Feb 28, 2002
- 23,928
- 19,796
Tesla isn't a car company, the tech will bring them back. FSD rolling out, robotaxi, energy storage, AI .. they just need to shut Elon up for a couple months. Russia is an untapped revenue source as well, I imagine that will come online soon enough.
I own a lot of it, but can honestly say he has to STFU and get back to work for his shareholders
You know he said he "doesn't care" if people stop buying his products because of his opinions. He admitted that his biggest fault is overpromising and underdelivering. There is lots of promise, but little delivery. BYD has surpassed his car company, Hyundai is close, and China is building armies of robots.
HuGort
Registered User
Hope Of Glory
Registered User
We've hearing that these things are just right around the corner, "3-4 years away" for at least a decade now.
What is different this time? Any tangible indication it might actually be close?
And how many of these things have to actually materialize for the valuation to make sense? I mean, they're not like one good idea away from making the valuation make sense. It will take multiple entirely new markets for it to nake sense. And then what, they won't have competitors? They'll have monopoly on those markets forever?
It looks like wishful thinking to me. Pure fantasy even. But good for you if you made money on the stock.
Disclaimer: I still wouldn't short the stock. Market can stay irrational way longer than it makes sense. Especially cult-like stocks.
Grate n Colorful Oz
Pure Laine Hutson
Add the fact there are rumors and litigations with allegations of many frauds to prop up the stock price. Some people are talking about the next Enron.
the valiant effort
settle down, bud
- Apr 17, 2017
- 5,880
- 7,453
