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Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

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Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#101

Post by birdyrooster »

briandear wrote: post #92
calcifer wrote: post #56

Earlier quoted context omitted.

Quite right, like this [1] 100% factual not at all bullshit scientifically sound article on climate change. Thought provoking indeed. [1] https://www.zerohedge.com/news/2019-09-05/5-surprising-scien...

It seems like anything even remotely threatening the climate change gospel is treated just as the Catholic Church treated heretics centuries ago. AGW has ascended (descended?) into religious territory where even the slightest criticism of the “truth” is treated as blasphemous. It’s like many of the climate alarmists have turned into old school evangelicals that avoid wine and dancing out of fear it’ll rile up the dev…

That ZeroHedge's article on climate change is the perfect shit sandwich of unrelated facts for someone with confirmation bias. It conveniently ignores the atmospheric carbon dioxide which has reached unprecedented levels. Levels that are clearly man made. https://climate.nasa.gov/evidence/

I honestly expected better from you.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#102

Post by rwmurrayVT »

knd775 wrote: post #96
rwmurrayVT wrote: post #36

Earlier quoted context omitted.

Matt Levine once (or twice..) ripped me apart :(

Maybe don't commit securities fraud

I wouldn't recommend it to the average person. It worked out a lot better for me than most would expect.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#103

Post by rwmurrayVT »

buttcoinslol wrote: post #61
hdpq wrote: post #39

Earlier quoted context omitted.

if you could get your hands on the stock, which would have been fairly unlikely.

You can create a synthetic short with options, no need to borrow any stock at all.

Not only do you have to pick the right price direction, you have to pick the right timing and have it exceed the markets overall expectation. Even with a short of shares you have to manage to find a lender and beat the cost to borrow them.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#104

Post by mikestew »

dboreham wrote: post #95
nemo44x wrote: post #11

Evidence we are not in a bubble and that markets are mostly sane currently.

I came here to post the opposite: cancellation of frothy IPOs is a good sign of a coming downturn, isn't it?

The market currently appears to be saying, “ya know, if we were in a bubble, I might buy your stinky shit. But because we’re not in a bubble, and I have no great FOMO, I’m going to take a pass on your stinky turd of an IPO.”

Another way of looking at it, anyway. I have no insight one way or the other.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#105

Post by rchaud »

nemo44x wrote: post #11

Evidence we are not in a bubble and that markets are mostly sane currently.

It could also be evidence that WeWork tried to get away with too much with their S-1. Has there been a company in recent memory whose IPO efforts were dogged with this much baggage?

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#107

Post by jeltz »

stewy85 wrote: post #37

I fail to see how this company could survive a recession. The first thing companies do during a recession is reduce their headcount. Less headcount means less desks required.

Many of their competitors have survived recessions just fine. You just have to either be diversified or have enough cash reserves. The issue is mostly that WeWork has too high costs and a too high valuation.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#108

Post by inflatableDodo »

jazzyjackson wrote: post #99
inflatableDodo wrote: post #94

Earlier quoted context omitted.

I like the random numerology, really adds weight to the argument: > We’ve reported that a squadron of 66 bombers were launched on August 6th (666) to bomb the municipality of Imabari, even though Imabari. had been bombed already, twice. >This bombing squadron may well have fire-bombed Hiroshima instead, as Hiroshima was not far away. According to early surviving versions of Revelations, the number of the beast is act…

666 is Gematria numerology applied to Nero’s name in Greek, 616 is what you get with the Latin spelling, it’s more of a confirmation than a contradiction

Given Nero was Roman, his name will presumably be from the Latin. If the Greek version of the spelling differs, then 666 surely must be in error.

Unless they meant that the number of the beast is Nero's name when you attempt to write it in Greek, though that seems something of a stretch, even for numerology afficionados.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#109

Post by myalphabet »

navigatesol wrote: post #60
stewy85 wrote: post #37

I fail to see how this company could survive a recession. The first thing companies do during a recession is reduce their headcount. Less headcount means less desks required.

What is insane is that they are the biggest commercial real estate tenant in some of the biggest cities in America (and London).

This is my biggest concern. Regardless of if WeWork can 'survive' a recession, my fear is that they could easily cause a recession. If WeWork starts to go under, it could cause a real estate market collapse in some of the world's largest cities.

Re: Troubles Mount for the We Company as Softbank Reportedly Calls for Shelving IPO

#110

Post by JaimeThompson »

dang wrote: post #98
JaimeThompson wrote: post #81

Not sure how much one can trust a site that thinks nuclear weapons aren't real. https://www.zerohedge.com/news/2016-08-06/atom-bomb-annivers... "The attacks on Hiroshima and Nagasaki were horrible and tragic. But whether they were results of “atom” bombs (certainly in the sense that people understand them today) is at least seriously questionable."

We detached this subthread from https://news.ycombinator.com/item?id=20926837 and marked it off-topic.

While it is your call to make and I respect that I posted it because it does help demonstrate that the source of this article is prone to conspiracy thinking and doesn't always do the necessary research to support their conclusions.
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