Very sad to see professors at UCLA acting as directors for this, if its a scam. I'm hoping they're just ignorant of the economics and not committing willful fraud.
To be honest, I'd feel better if it was willful fraud.
Rayton Solar: Legitimate Investment or Scam?
51–60 of 65 posts
Re: Rayton Solar: Legitimate Investment or Scam?
#52I know that my Karma is going to get nerfed... but Bill Nye is a nucklehead... and he isn't a scientist. He's a performer, seeking fame, adulation, and cash. Hit the ignore button, I recommend.
Re: Rayton Solar: Legitimate Investment or Scam?
#53Is it legal to make investment advice like this and not be a series 7 (or whatever number) licensed broker/dealer? Is the author a stock broker?
Re: Rayton Solar: Legitimate Investment or Scam?
#54As an expert on silicon and solar, the technology is doomed- here's why: •It is totally possible, in terms of the physics, to do what they're proposing. All you have to do is take your ingot or boule of FZ or Cz Silicon, draw a vacuum on it, backfill it with hydrogen, and run your ion implantation head over it. Like a Durandal bomb, the upper surface is relatively undisturbed but a cutting effect occurs beneath the s…
> Just because the existing technology is materially wasteful (it definitely is, generating a lot of kerf and going through a lot of expensive wiresaw blades and polishing processes) doesn't mean that it's economically wasteful.
Always wondered- why not EDM? Too slow? Hydrogen injection? Tungsten/copper contamination?
Re: Rayton Solar: Legitimate Investment or Scam?
#55Earlier quoted context omitted.
One more: * Silicon is not a rare material. It's one of the more common elements in Earth's crust. The price is largely in processing and fabrication, meaning it's going to continue to fall like a rock due to economies of scale and optimization.
Silicon of the requisite purity is not just lying around. Purifying it takes a significant amount of energy, which puts a floor under the price.
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Re: Rayton Solar: Legitimate Investment or Scam?
#56Earlier quoted context omitted.
This author’s every post is vacuous clickbait for angry right-wingers, https://thefederalist.com/author/danielpayne/ “Trump Spoke Truth About ‘Both Sides’ In Charlottesville, And The Media Lost Their Minds” “If We’re Tearing Down White Supremacy, Start With Planned Parenthood” “If Google Fires Anyone Over Stereotyping, It Should Be The Employees Who Stayed Home To Cry Over A Memo” “Dear Climate Alarmists: Now That Th…
Please no ad-hominem. You should only discuss his article in question.
He's condemning the author's work, not the author.
Re: Rayton Solar: Legitimate Investment or Scam?
#57The stock market in general is moving in a strange direction in the past decade. •First the dividends became the thing of the past as the companies argued that stock buybacks are more tax-efficient. The general public accepted it. •Then the earnings per share disappeared and loss per share became standard. The argumentation was that it's better to invest in growth today and figure out profitability "some other day".…
I don't think it's agency; I think it's the fact that non-equity based investments have had terrible returns for a decade now. What are you going to do? Invest in a CD?
Re: Rayton Solar: Legitimate Investment or Scam?
#58The stock market in general is moving in a strange direction in the past decade. •First the dividends became the thing of the past as the companies argued that stock buybacks are more tax-efficient. The general public accepted it. •Then the earnings per share disappeared and loss per share became standard. The argumentation was that it's better to invest in growth today and figure out profitability "some other day".…
1. You seem to be implying that there's something wrong with share buybacks but aren't explicitly stating it. I'd be curious to know what your criticism of share buy backs is?
2. Anecdotally, I still think EPS is by far the more widely used metric. EPS numbers can be negative so there's not much use for loss per share numbers, and most public companies have positive earnings.
3. This I agree with, SNAP's lack of voting rights is really concerning and initially SNAP didn't seem to traded at a discount because of that. It's worth noting it's down over 40% from the price it traded on the day it went public, although potentially for other reasons.
I also generally agree that people would be far better off if they educated themselves a little better on what they have their money invested in.
Re: Rayton Solar: Legitimate Investment or Scam?
#59The stock market in general is moving in a strange direction in the past decade. •First the dividends became the thing of the past as the companies argued that stock buybacks are more tax-efficient. The general public accepted it. •Then the earnings per share disappeared and loss per share became standard. The argumentation was that it's better to invest in growth today and figure out profitability "some other day".…
1. You seem to be implying that there's something wrong with share buybacks but aren't explicitly stating it. I'd be curious to know what your criticism of share buy backs is? 2. Anecdotally, I still think EPS is by far the more widely used metric. EPS numbers can be negative so there's not much use for loss per share numbers, and most public companies have positive earnings. 3. This I agree with, SNAP's lack of voti…
The issue with share buybacks is they are designed to increase the share price rather than provide a cash return to existing investors. To a common stockholder, the two outcomes are basically the same (minus maybe some tax differences). But to a common optionholder, they are vastly different. Optionholders typically can't benefit from dividends, whereas they do benefit from the share price increasing.
This matters because management is often paid in options. So, managements have an incentive to allocate capital to share buybacks to boost their pay packages instead of reinvesting money in the business. If share buybacks were illegal and the only two options were dividends and keeping the capital in the business, managements might behave very differently.
Re: Rayton Solar: Legitimate Investment or Scam?
#60The stock market in general is moving in a strange direction in the past decade. •First the dividends became the thing of the past as the companies argued that stock buybacks are more tax-efficient. The general public accepted it. •Then the earnings per share disappeared and loss per share became standard. The argumentation was that it's better to invest in growth today and figure out profitability "some other day".…
That's fascinating, in a sense shares become closer to ICO tokens (no obligations, no control and no dividends).
I believe we can also blame regulators for that. Most banks have extremely low rates nowadays, which is (AFAIK) deliberate to incentivize investment in the stock market. So there is a power imbalance between investors (who have no other choices) and investees, which manifests as rules shifting in favor of investees.