Armed Polite Society

Main Forums => The Roundtable => Topic started by: Ben on September 10, 2020, 01:42:38 PM

Title: Elon Musk
Post by: Ben on September 10, 2020, 01:42:38 PM
Whatever else you may think of Elon Musk, you have to give the guy credit for almost never apologizing, explaining, or kowtowing to the SJW crowd. Robert Reich the Ivy League "economist".  ;/

https://twitchy.com/dougp-3137/2020/09/10/hello-911-i-need-to-report-a-murder-elon-musk-had-a-brutal-comeback-after-robert-reich-accused-him-of-being-a-modern-day-robber-baron/
Title: Re: Elon Musk
Post by: TechMan on September 10, 2020, 02:22:19 PM
I just read that and LOLed.  :lol: :lol: :lol:
Title: Re: Elon Musk
Post by: dogmush on September 10, 2020, 02:31:54 PM
He may be a Bond villain, but dang it he's OUR Bond villain.

FWIW, I have appreciated my Tesla stock this summer, and despite the company currently being overvalued, I continue to think it's a good investment, because they try all kinds of new things, and succeed at most of them.
Title: Re: Elon Musk
Post by: kgbsquirrel on September 10, 2020, 08:37:10 PM
He may be a Bond villain, but dang it he's OUR Bond villain.

FWIW, I have appreciated my Tesla stock this summer, and despite the company currently being overvalued, I continue to think it's a good investment, because they try all kinds of new things, and succeed at most of them.

Musk v. Putin, and Bond is only ever seen just waiting their spat with amusement and popcorn.
Title: Re: Elon Musk
Post by: Northwoods on September 10, 2020, 10:26:18 PM
He may be a Bond villain, but dang it he's OUR Bond villain.

FWIW, I have appreciated my Tesla stock this summer, and despite the company currently being overvalued, I continue to think it's a good investment, because they try all kinds of new things, and succeed at most of them.

I cannot understand how the stock stays above $4 (post-split) nevermind $350.  If had TSLA, given the still sketchy as hell fundamentals of the company, I'd be setting some price target and would unload it all at that point. Granted I'd have done that at $200 pre-split, and missed a lot of irrational exuberance.
Title: Re: Elon Musk
Post by: kgbsquirrel on September 10, 2020, 10:44:55 PM
I cannot understand how the stock stays above $4 (post-split) nevermind $350.  If had TSLA, given the still sketchy as hell fundamentals of the company, I'd be setting some price target and would unload it all at that point. Granted I'd have done that at $200 pre-split, and missed a lot of irrational exuberance.

Money laundering or black project cash seem most likely.  Howard Hughes didn't build the Glomar Explorer with his own money.
Title: Re: Elon Musk
Post by: grampster on September 10, 2020, 11:12:07 PM
Reich's intellect is about as high as Reich is tall.
Title: Re: Elon Musk
Post by: Fly320s on September 11, 2020, 08:52:17 AM
I cannot understand how the stock stays above $4 (post-split) nevermind $350.

1. There is a huge amount of money/investors looking for a place to invest.
2. Tesla is very popular and popularity has value.
Title: Re: Elon Musk
Post by: Ben on September 11, 2020, 09:01:00 AM
1. There is a huge amount of money/investors looking for a place to invest.
2. Tesla is very popular and popularity has value.

There you go. It's really no different than tech stocks like Facebook or Google. I don't see any hard values in most of those types of tech stocks if you run the numbers. Outside of "popularity", the stock values make no sense, yet people are making oodles of dollars on them.