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Forum » Stocks are a JOKE at this point (SRS).
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Thread: Stocks are a JOKE at this point (SRS).

post 1623557351 11-24-2020, 09:39 AM
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#31
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Originally Posted By Lefticle⏩
Between the previous stimulus, the vaccine, tons of people working remote (and companies realizing that this works), and another potential stimulus, the market will be fine as long as Biden doesn’t raise corporate income tax.
his tax plan includes raising corporate rates

nobody ever talks about that or the other business tax changes he proposed

they just argue over the 2% for income taxes above 400k and barely even talk about the capital gains changes above certain income levels.
post 1623557381 11-24-2020, 09:39 AM
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Originally Posted By Decathletebrah⏩
S&P500 inclusion and a Wedbush target of $1000 helps, not to mention the Chinese market, battery development and R&D investment..
Sure, but it´s a hype company. The hype/fundamental ratio scews pretty heavy one way.
Originally Posted By donblaximus⏩
LOL at people always saying the bubble is going to pop......its the equivalent and just as ridiculous as "2 more weeks"

Will the bubble pop? Yes, there is always ebbs and flows in the market. If "the bubble is going to pop" is your justification of not investing in the market right now and making good returns, then cool.....but please state your time horizon and why you think it will happen at XYZ timing. If not, of course it will pop some day. Its how you adjust that will separate the winners from the losers that play this game.
Yeah, no chit captain. But we have maybe reached the top of westen society this time. I´m talking the peak of a multi century bull market, has potentially been reached. It´s not something that happends often. I think it´s all down hill from here, and new technology won´t save us.

We could be starting a hundred + years long bear market imo, but we will see.
post 1623557451 11-24-2020, 09:40 AM
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#33
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Originally Posted By Caeculus⏩
If a foot gets cut in half overnight but is still called a foot when you measure your house does the square footage double as well?
No. It quadruples.
How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741
post 1623557701 11-24-2020, 09:43 AM
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Originally Posted By donblaximus⏩
You understand that stock prices are built upon potential in the future right? If you are looking at surface value of Car X vs Car Y and trying to justify the stock prices, then perhaps the market is not for you. Just invest in index funds and reap the benefits over 20-30 years and quit racking your brain on things you dont want to comprehend.

If you are interested/invested in the market and you feel TSLA is over priced (i can certainly see why you could believe so but you havent given any real evidence to show your basis) then what stock are you invested in and why?
Yes i am looking at the future and i am seeing Telsas competative advantage shrink more and more....how?

Ford is releasing its electric Mustang in 2021
GM is releasing its Hummer EV which looks 100x better then tesla truck which i still think is a joke.
Porsche already released the Taycon and many other car manufacturers are getting into electic car market


So how is more competition for Tesla = higher stock no the stock does not make sense you can try to justify it all you want.


PS i like Elon Musk the guy is one of the few people that is trying to make a better future for humanity so huge props to him but even he has tweeted that tesla stock is overpriced.
Atlanta Falcons!!!
post 1623557811 11-24-2020, 09:43 AM
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Originally Posted By elterrible987⏩
his tax plan includes raising corporate rates

nobody ever talks about that or the other business tax changes he proposed

they just argue over the 2% for income taxes above 400k and barely even talk about the capital gains changes above certain income levels.
The rise of corporate tax and what enterprises choose to do because of it will be the most interesting thing for ME to observe over the next four years.
post 1623557851 11-24-2020, 09:44 AM
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Originally Posted By Weezy32⏩
Cheapest tesla is a ****ty Model 3 for about $40k out the door the thing looks like glorified honda civic and tbh thats ****ting on honda civic. Only tesla thats worth getting is model s and x imo.

40k out of the door is still alot of money for 95% of people in the USA. I know on misc everyone makes 100k+ a year but in real life people out there are making on average 30-40k a year. Why would they opt for a tesla when they can pick up a brand new toyota or honda for 25k something that is proven and reliable. Gas is cheap so no reason for electric cars to be in huge demand and they are not.
Calm down Boomer.

You realize Uncle Joe is president now and towards the end of Obama’s presidency they were kicking around the idea of a $10.25 tax per bbl of oil to accelerate green energy right?

You see Kerry’s new position?
post 1623558101 11-24-2020, 09:46 AM
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Originally Posted By PimpMasterC⏩
Sure, but it´s a hype company. The hype/fundamental ratio scews pretty heavy one way.



Yeah, no chit captain. But we have maybe reached the top of westen society this time. I´m talking the peak of a multi century bull market, has potentially been reached. It´s not something that happends often. I think it´s all down hill from here, and new technology won´t save us.

We could be starting a hundred + years long bear market imo, but we will see.
If you believe this to be the case, either sit on the sidelines or short the market. I'd 100% be ok if the market corrects sharply. Id be playing/timing house money at that point and just shift my investments in the market to more real estate or business.
post 1623558221 11-24-2020, 09:47 AM
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My portfolio is up $100,000 today, which has only been about 2 hours and 17 minutes of trading. Not a bad morning's work.
post 1623558301 11-24-2020, 09:48 AM
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Originally Posted By PimpMasterC⏩
Sure, but it´s a hype company. The hype/fundamental ratio scews pretty heavy one way.



Yeah, no chit captain. But we have maybe reached the top of westen society this time. I´m talking the peak of a multi century bull market, has potentially been reached. It´s not something that happends often.I think it´s all down hill from here, and new technology won´t save us.

We could be starting a hundred + years long bear market imo, but we will see.
If that's what you think, then why aren't you shorting the market?

EDIT: wizard post #38.
A democracy is two wolves and a lamb voting on what to have for lunch. And that's why the USA is a constitutional republic and not a democracy.
post 1623558351 11-24-2020, 09:48 AM
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you mean to tell me, XPEV which is trading at 100x sales isn't worth the price?
STEM Wagie Brah
Oil/commodity based trader
post 1623558371 11-24-2020, 09:48 AM
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#41
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Originally Posted By Weezy32⏩
Yes i am looking at the future and i am seeing Telsas competative advantage shrink more and more....how?

Ford is releasing its electric Mustang in 2021
GM is releasing its Hummer EV which looks 100x better then tesla truck which i still think is a joke.
Porsche already released the Taycon and many other car manufacturers are getting into electic car market


So how is more competition for Tesla = higher stock no the stock does not make sense you can try to justify it all you want.


PS i like Elon Musk the guy is one of the few people that is trying to make a better future for humanity so huge props to him but even he has tweeted that tesla stock is overpriced.
Do you understand the type of software depth one of these cars uses to run?
Do you actually believe Ford is catching up to Tesla in terms of manufacturing automation, vertical integration and battery technology?

When you are basing your comparison on "looks better", I cant take you seriously.
post 1623558471 11-24-2020, 09:50 AM
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Originally Posted By OliverHeldens⏩
My portfolio is up $100,000 today, which has only been about 2 hours and 17 minutes of trading. Not a bad morning's work.
Gjdm what’s the % increase?
post 1623558541 11-24-2020, 09:50 AM
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Originally Posted By OliverHeldens⏩
My portfolio is up $100,000 today, which has only been about 2 hours and 17 minutes of trading. Not a bad morning's work.
Someone that is telling the truth would be speaking in terms of percentages, not values. Thats how you can tell the real from the fake.
post 1623558761 11-24-2020, 09:53 AM
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#44
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Easy explanation: It's the only place money can go.
post 1623558911 11-24-2020, 09:55 AM
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Originally Posted By Caeculus⏩
If a foot gets cut in half overnight but is still called a foot when you measure your house does the square footage double as well?
The square footage would actually quadruple, l2math
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post 1623559111 11-24-2020, 09:56 AM
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NKLA has $67,000 in sales for the year, $13,000,000,000 valuation, seems legit
STEM Wagie Brah
Oil/commodity based trader
post 1623559181 11-24-2020, 09:56 AM
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Originally Posted By donblaximus⏩
Do you understand the type of software depth one of these cars uses to run?
Do you actually believe Ford is catching up to Tesla in terms of manufacturing automation, vertical integration and battery technology?

When you are basing your comparison on "looks better", I cant take you seriously.
Tesla is massively overpriced rn even Musk has admitted that

EV are going to become mainstream in the next 10 years, and Tesla will have lots of competition here, all the usual players will be in the game

It has a better outlook on the driverless AI side of things but I think that will take another decade to come into play as mainstream as there are lots of hurdles to overcome and public adoption. By then GM etc will probably be up to speed. Google is already well in the game and I expect autonomous deliveries to be the first things we see in the near future which they are more geared up for than Tesla which is more for mainstream use.
post 1623559561 11-24-2020, 10:00 AM
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Some of you guys are so braindead.

The money in investing come from Index funds specially the S&P 500, which average a return of 10%, 7% when counting inflation.

Just put your money there and wait many years and it'll turn into millions if you continue investing.

Only retards invest in individual stocks, 99% of people do not beat the market OVER LONG TERM. And that includes the people who go to Harvard and Ivy Schools. Now imagine retarded miscers like you guys who only know how to pick up weights. Your chances are close to 0%.

Index funds, It's obvious.
post 1623559671 11-24-2020, 10:01 AM
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When the next bubble pops, the difference this time is that there will be no real recovery. We won´t hit another peak again, the multi century top has been reached. Many of the important long term macro trends point towards this.

I´m not shorting the market at east not right now because I don´t know how long this current clown market will continue. It might go on for a while, but things are getting worse, not better. I´m talking under the surface stuff here.

We are in a greedy clown world timeframe that is not sustainable. But for how long it will continue is hard to say.
post 1623559731 11-24-2020, 10:02 AM
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Originally Posted By Drew23⏩
Tesla is a massive diversified company that is advancing technology and solutions at an exponential rate. LMFAO if you think all they are is a car company.
Elon musk?
post 1623559781 11-24-2020, 10:02 AM
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Originally Posted By xlncx⏩
Gjdm what’s the % increase?
Lol, 118%
post 1623559911 11-24-2020, 10:03 AM
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Originally Posted By donblaximus⏩
Do you understand the type of software depth one of these cars uses to run?
Do you actually believe Ford is catching up to Tesla in terms of manufacturing automation, vertical integration and battery technology?

When you are basing your comparison on "looks better", I cant take you seriously.
O yah and myspace and yahoo are kings right now too because they were first to market. PLZ go if u think Tesla has some kind of monopoly on ev market because they got into it first.
Atlanta Falcons!!!
post 1623560051 11-24-2020, 10:04 AM
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Massive Wallstreet pump and dump incoming. Save this thread for about feb March
Toxic Masculinity
post 1623560151 11-24-2020, 10:05 AM
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I bought Fisker stock at $10 and now it's hovering at $15. Was as high as $17. Made $100 so far. You'd be a fool not to take $5k and throw it into something learn term, can't be worse than gambling in Vegas. Too bad I'm poverty.

People are talking about dump and bubbles, who cares? Buy more when it drops. You'll get your money and then more. Only way you lose is if the company goes bankrupt.
post 1623560161 11-24-2020, 10:05 AM
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Originally Posted By Drew23⏩
Tesla is a massive diversified company that is advancing technology and solutions at an exponential rate. LMFAO if you think all they are is a car company.
You what mate you do realize that spacex and boring company are totally different from tesla right. Tesla is only doing cars/trucks.


You are associating tesla with everything elon musk is doing. Once again i like Elon Musk but even he has said that Tesla is overpriced.
Atlanta Falcons!!!
post 1623560531 11-24-2020, 10:11 AM
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Originally Posted By Weezy32⏩
Cheapest tesla is a ****ty Model 3 for about $40k out the door the thing looks like glorified honda civic and tbh thats ****ting on honda civic. Only tesla thats worth getting is model s and x imo.

40k out of the door is still alot of money for 95% of people in the USA. I know on misc everyone makes 100k+ a year but in real life people out there are making on average 30-40k a year. Why would they opt for a tesla when they can pick up a brand new toyota or honda for 25k something that is proven and reliable. Gas is cheap so no reason for electric cars to be in huge demand and they are not.
States like California are mandating 100% electric cars sold by 2030. Tesla may be the future. There's also Fisker that's trying to get in the ball game and their stocks are $15 right now.
post 1623560801 11-24-2020, 10:14 AM
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Originally Posted By donblaximus⏩
Do you understand the type of software depth one of these cars uses to run?
Do you actually believe Ford is catching up to Tesla in terms of manufacturing automation, vertical integration and battery technology?

When you are basing your comparison on "looks better", I cant take you seriously.
have tesla proved any of these things? do their battery's run longer? do they have better autonomous driving than all cars?

do you not realize it will take 1000 years for the companies earnings to equal the purchase price? way overvalued. it is a hype stock with a good story
GAINS, GAINS, More GAINS
post 1623560831 11-24-2020, 10:14 AM
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Originally Posted By JohnDz2⏩
Some of you guys are so braindead.

The money in investing come from Index funds specially the S&P 500, which average a return of 10%, 7% when counting inflation.

Just put your money there and wait many years and it'll turn into millions if you continue investing.

Only retards invest in individual stocks, 99% of people do not beat the market OVER LONG TERM. And that includes the people who go to Harvard and Ivy Schools. Now imagine retarded miscers like you guys who only know how to pick up weights. Your chances are close to 0%.

Index funds, It's obvious.
Yes mate but S&P is up like 500 points YTD the question is how is that possible after the year we have had and current situation, is a pop incoming
post 1623560971 11-24-2020, 10:15 AM
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Originally Posted By xlncx⏩
Tesla is massively overpriced rn even Musk has admitted that

EV are going to become mainstream in the next 10 years, and Tesla will have lots of competition here, all the usual players will be in the game

It has a better outlook on the driverless AI side of things but I think that will take another decade to come into play as mainstream as there are lots of hurdles to overcome and public adoption. By then GM etc will probably be up to speed. Google is already well in the game and I expect autonomous deliveries to be the first things we see in the near future which they are more geared up for than Tesla which is more for mainstream use.
I agree with your time horizons. I also stated in this thread prices are based on future potential. 10 years isnt that far off in the future.
post 1623561081 11-24-2020, 10:17 AM
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Originally Posted By MikeLowrrrey⏩
States like California are mandating 100% electric cars sold by 2030. Tesla may be the future. There's also Fisker that's trying to get in the ball game and their stocks are $15 right now.
You seriously think all these other car companies are just gonna roll over and say welp governemnt mandating electric cars we just gonna go out of business.

As i said earlier GM has hummer coming out ford had Mustang EV and porsche already released Taycon which has had positive reviews so all these other car companies that have been in the business for 100s of years are starting to make quality EV cars as well.
Atlanta Falcons!!!
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