Benny Blanco From The Bronx
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What a joke, the PPT rushes in with the usual stick save the instant downward pressure hits and finishes the day off painting the tape with the biggest green shoot of the day in the last 10 seconds.
Google accidentally enables Home smart speakers to listen in to everyday house sounds
You have to be nuts to install this crap in your home!!!!
After the election there will be no more reason to pump, this bubble has 3 months left in it at the most, although I think it might start selling off sooner.
The market is beginning to roll over, NASDAQ is finally red.
HSBC says net profit plunged 96% as pandemic took hold
How much book cooking is GS doing to hide the truth?
Twitter Shares Slide As Company Faces $250 Million FTC Fine
Twitter shares shed more than 3% of their value in after-hours trading Monday evening when the company revealed in its 10-Q, filed Monday afternoon, that it had set aside between $150 and $250 million for a FTC fine allegedly over violations of a 2011 agreement to respect users' data privacy.
Ground control to Major Tom.....
TSLA will fall back to Earth!
Robinhood noobs are confused.....
I will keep adding incrementally until this bubble bursts.
Men's Wearhouse Files For Bankruptcy
The economy is only getting worse.
Kodak Granted Chairman 1.75 Million Options The Day Before Trump's $765 Million Loan To Company
Men's Wearhouse Files For Bankruptcy
Another one bites the dust. Pressure keeps building, this won't end well at all.
What incentive is there to keep pumping after the election? Also, the Deep State Banksters will probably try something out of pure desperation to tank the market before the election.
This is an extremely risky market to be going long in right now, nothing but air under it.
SQQQ new low, very cheap!
I picked up some more SQQQ, very cheap!
ELON MUSK IS A DIRTY TRAITOR, ITS TIME TO BOYCOTT TESLA!
Elon Musk stroking Xi! LOL
Communism Secured: Musk Calls Chinese "Smart, Hard-Working", Says Americans Are "Entitled, Complacent"
Elon Musk's distaste for the U.S. is starting to become palpable - and U.S. citizens should not take to it kindly.
The Tesla CEO - who has made himself billions off the back of U.S. government subsidies and the U.S. taxpayer - took to the "Daily Drive" podcast on Friday to make it clear exactly what country his allegiances lie with.
On the podcast, reported by CNBC, he called the people of China “smart” and “hard working” while at the same time calling U.S. citizens "entitled" and "complacent". He specifically called out both New York and California, states whose taxpayers have literally funded Tesla's business with massive tax breaks amounting to billions.
When asked about China as an EV strategy leader worldwide, Musk responded: “China rocks in my opinion. The energy in China is great. People there – there’s like a lot of smart, hard working people. And they’re really -- they’re not entitled, they’re not complacent, whereas I see in the United States increasingly much more complacency and entitlement especially in places like the Bay Area, and L.A. and New York.”
He then compared the U.S. to losing sports teams: “When you’ve been winning for too long you sort of take things for granted. The United States, and especially like California and New York, you’ve been winning for too long. When you’ve been winning too long you take things for granted. So, just like some pro sports team they win a championship you know a bunch of times in a row, they get complacent and they start losing.”
Recall, Tesla secured $1.6 billion in loans from the Chinese government to help build its Shanghai factory, which helped the company resume normal operations post-Covid this year.
Musk - apparently completely devoid of any humility to the amount of money he has received from the U.S. taxpayer - defended his company by say it hadn't received as much government support from the Chinese government as most competitors: “They have been supportive. But it would be weird if they were more supportive to a non-Chinese company. They’re not.”
Tesla's total government assistance in the U.S. has surpassed $4.9 billion, according to CNBC.
When asked about his company's stock, Musk responded: “It’s not worth trying to massage the stock market or manage investor expectations. It’s just. You know? At the end of the day, if you make great cars and the company’s healthy and making great products investors will be happy...If you make lousy products your customers will be unhappy and then your investors will be unhappy.”
Musk then, seemingly unaware that bumpers are falling off of Model 3s as we speak, encouraged entrepreneurs to "focus on the product" when making something new: “My advice, you know, to corporate America or companies worldwide is spend less time on marketing presentations and more time on your product. Honestly that should be the number one thing taught in business schools. Put down that spreadsheet and that PowerPoint presentation and go and make your product better.”
Recall, we have often brought up Musk's ties to China here on Zero Hedge. We even asked back in April whether or not Musk risks becoming a Chinese asset. The automaker's quick move to Shanghai and willingness to cozy up to the Chinese government has certainly raised some interest amidst skeptics and short sellers.
Regardless, we have a couple questions for Uncle Sam: why sit idly by and allow this public company CEO to not only spit in the SEC's face by committing securities fraud and telling them to s*ck his c*** - but also rip off the American taxpayer at the same time. At what point does enough become enough?
TSLA will go bankrupt, its only a matter of time!
Most electricity is consumed during working hours when factories are running, batteries have little to do with it. Wake up!
No, that's not how it happened. When Steve Jobs came back as iCEO Apple still had $1.4B in cash. If Apple continued under the same path it would have gone bankrupt, that why Jobs took over.
As for Bill Gates:
Microsoft chairman Bill Gates said today that the software giant will invest $150 million in Apple and will develop and ship future versions of its Microsoft Office, Internet Explorer, and development tools for the Macintosh.
In return Apple dropped their lawsuit against Microsoft, claiming the company copied their operating system.
Apple was in trouble because if the mess Gil Amelio and Ellen Hancock left behind and Jobs had to totally reinvent the company. He brought over key employees from Next replacing the dead weight inside Apple and re-invented NeXTSTEP/OPENSTEP/RHAPSODY as Mac OS-X. The following year Mac G3 came out. It took many years to gain a foothold but Apple really didn't take off until iPhone.
Its a myth Bill Gates saved Apple, is was a token agreement to end years of litigation between the two companies. Besides, Microsoft made money selling Mac versions of its software, more than it invested in the company in 1997.
Ellen Hancock Chief Technology Officer at Apple? WTF??? No wonder the company was heading towards bankruptcy!!!
Along with her mentor, former Apple CEO Gil Amelio, and fellow Apple executives, Hancock was ousted in a high-tech power struggle shortly after Steve Jobs rejoined the company in late 1996 as part of Apple's $400 million acquisition of Next Software Inc.
"Steve was gracious in face-to-face meetings, but behind the scenes, he called everyone in upper management a bozo," Hancock said. "It felt like a reverse merger. Gil, myself and the rest of the executive team are gone. Steve is now interim CEO, and his Next team is running things.
Too bad there isn't a video of Steve Jobs throwing Gil Amelio and Ellen Hancock out the door!
Apple's forward P/E is 25, bubble boys buying at the top will be sorry!
Post split there will be 16,000,000,000 shares outstanding!
QQQ highest weekly close in history. Earnings are now over, August will be very interesting.
Robinhood freaks pouring into AAPL at all time high prices!
Robinhood freaks are dumping TSLA.... going into AAPL.
Load up on cheap SQQQ while you still can!
Caterpillar North America Machine Sales Crash Most Since The Financial Crisis
Apple Being Investigated By "Majority" Of States Over Claims Of Deliberately Slowing Old iPhones
GOOGLE IS EVIL, avoid contact tracing apps, nothing good will come of this!
WARNING: SUB $1,000 TSLA COMING NEXT MONTH!!!!!!
There is nothing wrong with executives buying their own stock, that is why there are Form 4 filings. If anything it shows they believe in their on company.
What investors should be worried about is any hidden convertible Preferred Shares. Often broken companies resort to death spiral financings.
The big question is if there is a flood of dilution coming KODK's way. If so crooked Wall Street firm will naked short and get a lock down on the future dilution.
Back to back days of 280M volume indicates someone provided a massive amount of new shares into the system.
SELL BEFORE ITS TOO LATE!!!!
"Sell The News"? Nasdaq Collapse Erases Entire Overnight Tech Surge
https://www.zerohedge.com/markets/stocks-are-getting-hammered-us-market-open
TSLA running out of juice!
Tim Cook isn't being straight.....!!!!
The Fed treats investors like ‘foolish children’ by propping up stocks despite ‘dreadful fundamentals,’ hedge-fund heavy Seth Klarman says
‘Investors are being infantilized by the relentless Federal Reserve activity. It’s as if the Fed considers them foolish children, unable to rationally set the prices of securities so it must intervene. When the market has a tantrum, the benevolent Fed has a soothing yet enabling response.’
That’s Seth Klarman, the billionaire behind hedge-fund giant Baupost Group, trying to explain the current market climate in a letter to investors cited by Bloomberg News Thursday.
“Surreal doesn’t even begin to describe this moment,” he said, adding that investor “psychology is surprisingly ebullient even though business fundamentals are often dreadful.”
Klarman, who said his fund has recently had a strung stretch as a net seller, continued the comparison saying, “As with the 30-year-olds still living in their parents’ basements, we can only wonder whether the markets will ever be expected to make it on their own.”
WHAT IS AMZN'S P/E RATIO?????
WARNING: BIG TECH MASSIVE ACCOUNTING FRAUD!!!!!!!
The worse the economy gets the higher the market goes..... makes sense. LOL
Robinhood noobs are getting cleaned out!