Allbirds announces pivot from shoes to AI, stock explodes 175%
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Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#2They keep having to update the headline as the stock goes up, it's now at "more than 300%".
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#3They keep having to update the headline as the stock goes up, it's now at "more than 300%".
Now 400%!
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#4What a scam
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#5Pets announces pivot from Pets to Pets.com, stock explodes 1000%
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#6Ah, so we have reached the "Pivot to NFTs, stock jumps" phase of the ""Pivot to AI" bubble.
https://www.forbes.com/sites/justinbirnbaum/2022/02/18/how-a...
https://www.fastcompany.com/90711340/whats-happening-with-ga...
edit and of course https://news.ycombinator.com/item?id=47780223 https://en.wikipedia.org/wiki/Long_Blockchain_Corp.
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#7Clearly not a bubble, though!
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#8Ah, so we have reached the "Pivot to NFTs, stock jumps" phase of the ""Pivot to AI" bubble. https://www.forbes.com/sites/justinbirnbaum/2022/02/18/how-a... https://www.fastcompany.com/90711340/whats-happening-with-ga... edit and of course https://news.ycombinator.com/item?id=47780223 https://en.wikipedia.org/wiki/Long_Blockchain_Corp .
So not long any more for this bubble as well ? ;-)
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#9Clearly not a bubble, though!
I tried suggesting this on a different forum and wow, did I get slapped down.
Re: Allbirds announces pivot from shoes to AI, stock explodes 175%
#10Ah, so we have reached the "Pivot to NFTs, stock jumps" phase of the ""Pivot to AI" bubble. https://www.forbes.com/sites/justinbirnbaum/2022/02/18/how-a... https://www.fastcompany.com/90711340/whats-happening-with-ga... edit and of course https://news.ycombinator.com/item?id=47780223 https://en.wikipedia.org/wiki/Long_Blockchain_Corp .
So not long any more for this bubble as well ? ;-)
I am not the judge of that, but how this goes might be an indicator - i.e. over what timespan the pump, dump, crash of this stock plays out.
PS: googling "allbirds bankrupt" shows that no, this company is not doing well. Lots of "What went wrong" articles,
and
https://wwd.com/footwear-news/shoe-industry-news/allbirds-ip...
https://www.businessoffashion.com/news/retail/allbirds-to-be...