Originally Posted by Hammock Parties:
Nope. IQ is still an ass.
I'm thinking about taking that money out and making a few investments in Mahomian Stocks.
IQ still blows. When it spikes, I sell a covered call to at least make some money. Once it gets back above $30 I will be looking to sell.
Alibaba is killing me too. Fucking China!!!
Originally Posted by Rain Man:
I have some apple and it's been great. I'll keep it. But I still kind of wonder why that stock is so valuable. They're in a field that has lots of competition, and their niche seems to be user interface and cult loyalty. The first one of those is easy to lose as soon as someone else comes up with a great idea. I think the second one lasts as long as the first one is in place.
So I've got some, but I don't think I'd keep buying more.
They are a cash heaven and are well run, that's why it's so valuable. They are always innovative and have secured cult status for many. The stock buybacks will continue to keep the stock price nice and healthy as well.
Originally Posted by Rain Man:
I have some apple and it's been great. I'll keep it. But I still kind of wonder why that stock is so valuable. They're in a field that has lots of competition, and their niche seems to be user interface and cult loyalty. The first one of those is easy to lose as soon as someone else comes up with a great idea. I think the second one lasts as long as the first one is in place.
So I've got some, but I don't think I'd keep buying more.
It's a great brand, and they've got enough cash to buy one of Earth's hemispheres. Lot's of means for innovation and who know's what else that they can pursue in decades to come.
I'm not a buyer beyond what I own, but if I was younger I wouldn't hesitate. [Reply]
Originally Posted by EPodolak:
It's a great brand, and they've got enough cash to buy one of Earth's hemispheres. Lot's of means for innovation and who know's what else that they can pursue in decades to come.
I'm not a buyer beyond what I own, but if I was younger I wouldn't hesitate.
Their cash stream is truly remarkable. Literally insane.
I sold all my shares around $210 for a nice profit but am thinking of buying back if it continues to dip more. [Reply]
Originally Posted by petegz28:
It had also better be legit or he can find his ass in a lot of trouble with the SEC.
Welp.. Tesla down big on the news the SEC is suing Musk. It's not a big surprise, you can't really come up with 70+ billion in funding to go private without significant conversations over a long period that would have leaked out. [Reply]
Originally Posted by ChiliConCarnage:
Welp.. Tesla down big on the news the SEC is suing Musk. It's not a big surprise, you can't really come up with 70+ billion in funding to go private without significant conversations over a long period that would have leaked out.
I haven’t seen anything. What are they suing him for? [Reply]
Originally Posted by :
It sought unspecified monetary penalties and added a market-rattling request -- that a judge bar Musk from serving as an officer or director of a public company.
Honestly, that might not be the worst thing in the world. The dude clearly needs to step back a bit and get some sleep. [Reply]
Originally Posted by DaFace:
If you're asking what the punishment might be, it sounds like they could ban him from being an executive with any public company (like Tesla).
