121–130 of 281 posts
Earlier quoted context omitted.
> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.
Tesla will figure out panel gaps before GM can figure out OTA updates
Earlier quoted context omitted.
shorting is identically borrowing. You borrow the stock from someone who owns it, and resell it at the current price. Then later down the road, you buy it back at the lower price and return it to the original owner. You have made money on whatever that difference is. This is not a metaphor, this is how shorting operates. It can easily go over 100% if the person you sell it to also lends it to someone to short (and th…
> Eventually you will need to return that stock you've sold What happens if you don't?
Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…
> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.
Earlier quoted context omitted.
> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.
Tesla will figure out panel gaps before GM can figure out OTA updates
Earlier quoted context omitted.
> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.
I'm going to guess its because panel gaps don't matter as much as most of the other features of a car.
Good. I'm tired of fake Economics where the value of a company or the product is not made from the real value of it, while some yuppies get rich in the proccess. The more they cry, the better. Hope is collapses so "middle" and low class workers can get fair prices of what they earn by doing actual hard work. Because this will create a good crash, dont fool about it. It will harm everyone, but at least this Century wi…
Bear in mind all but a few of these small investors haven't made a single penny. They only make money when they actually sell, and as soon as a significant number of them do sell the price will fall and the money the others think they have made will vanish. And then some.
So a few hedgies might lose a few bucks, but all the WSB people piling in are not a cuddly gang of friends, and not all on the same side and the savvy among them surely know that. The smart ones will sell and leave the rest holding the can. It's the poor saps piling in at $300+ who genuinely think they are sticking it to the man that I worry about.
The people who have actually made money so far are the ones who already had stock and have ben selling on the way up, because the stock being bought must have come from somewhere, not the ones who have gone long now and will end up long when it collapses again. It's amazing how many journalists and commentators get this so badly wrong.
So, Wall Street lives off of skimming fees from the retail investor, and now they cry when the masses cause them pain? Won't anyone shed a tear for the masters of the universe? Aren't these 2/20 "investment managers" supposed to hedge their positions with other derivatives (i.e. options.) ? So much for risk managers and the VaR metric (I know that has fallen out of favor since the last crisis' 10 sigma event.)
Lots of finance firms are loving this (Citadel for instance used this as an opportunity to get in on a distressed asset, Melvin, cheaply). This Korean fund made a billion dollars on a 12 million dollar investment https://www.google.com/amp/s/www.marketwatch.com/amp/story/l...
Even Melvin didn’t take an existential beating. They are likely going to end their fund date positive which is good for the endowments they manage especially if they got there via a more diversified position than other options.
Earlier quoted context omitted.
> I'm tired of fake Economics where the value of a company or the product is not made from the real value of it I still don't understand how Tesla is valued so high when they're still figuring out panel gaps.
Tesla will figure out panel gaps before GM can figure out OTA updates
The only thing more ridiculous than the rise in the GME stock are these attempts to frame this is some sort of culture war. All this is is a bunch of people on an online forum trying to make a quick buck; it's not some grand statement against Wall St. or whatever.