Random observation after being away from Tiger:Elon Musk chickened out of buying Twitter after talking big despite having placed a substantial deposit.As a football fan, it was so amusing to see him proclaim that he might buy Manchester United football club. Following which, some fanboys got overly excited, while seasoned observers predicted that it was all hot air and bluster. (And it indeed was the case when nothing else happened)I am shocked at how people can consciously support Mr. Musk, having seen him flip flop on things time and time again (and how he constantly exploits his status to profit from pumping and dumping, often at the expense of his "supporters").
One word: chaoticThe Russian invasion of Ukraine, the lasting impacts of the COVID19 pandemic, has made the market hard to properly get a feel for.When growth happens it can suddenly drop. New lows can happen out of nowhere.As a fairly new investor, I have learnt to be more patient. Do not blindly rush in to buy a good share because it can come back down and there will be more opportunities, even if it is for small savings.I also learnt that the ever-changing situations can bring opportunities and can take away the gains too:I bought into $TOP GLOVE CORPORATION BHD(BVA.SI)$during the pandemic and it performed reasonably well (for obvious reasons). Then news came out about their unethical treatment of workers (while the company said the clai
Thinking to myself:With covid picking up pace again, would we be in for another roller coaster ride?I had better buy the next dip...Stay safe out there!
Everyone should realise that electric vehicles (EVs) is simply a beautiful jingle sang by automotive producers to sell more product. No doubt, EVs are better than the conventional internal combustion vehicles that are the mainstream now. But this is still a crutch we are hobbling with. Cars (a big part of vehicles numbers) are highly inefficient use of space and by extension roads are also a poor use of space.Imagine a world where we are better able utilitise the spaces for public transportation. A network that is extensive and convenient, where train stations are at your doorstep, and trains are fast (high speed rail) and very frequent and regular (every 2 minutes?). Do not believe for one second, that you are supposed to be packed like canned sardines in pub
Pump and dump tactic by Mr. Elon, time to give up Tesla for good.When it does well he sells (using Twitter saga hype), now he wants to buy back in, so he manipulates it to drop (this statement, and the previous email about future outlook and firing staff)Investors should unite to let Tesla collapse. What an unethical scumbag of a person Mr. Elon is...
Mr. Elon once again trying to manipulate stock prices of Tesla to line his pockets. What a scumbag, selling when it's high, intentionally shooting his mouth and stirring negative sentiments so he can buy them back (email about firing staff, claiming that factories are losing millions of dollars etc.)He has done this pump and dump tactic for cryptocurrencies too. Unethical behaviour all around and the authorities and musk bros keep coddling him. Never forget that these people are rich to obscene levels. They're not your friend. If they could be richer at the expense of their investors going broke, they'll do it in a heartbeat. It baffles me how people looks at Tesla and think it is a worthy investment. Especially with the constant antics. Do not let the leech suck you dry.&nb
With how messy things are in the states and how the leaders are looking out for themselves first, I'm fairly confident it'll continue to fall. Just unsure about the extent
Who are they kidding. Motley fool really us rubbish. Tesla won't be keeping up... Competitors are already catching up and eating into their market share. Mr. Elon is a very very volatile person, constantly rocking the boat. As for Roku... I am highly skeptical, everyone wants in on the streaming market (Disney, HBO, Netflix), and it's going to be a bloody scrap. What's that about ads? You want people to pay for a subscription AND you want to show ads?? Delusional. Motley fool are truly fools...
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Anyone wants to explain the NIO hype?When the market falls, they fall, market climb they climb. NIO comes across as nothing special. I can only treat it as false and inflated hype.They're not a horrible company, but they are nothing revolutionary either...
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Oh, I thought Elon Musk pumped and dumped it all, apparently I was mistaken, he only sold off a portion of it lol. Cryptocurrencies are so unregulated, I don't see how companies that have to follow laws and regulations can simply risk billions of dollars
Hahaha smart move? But Musk will try his best to make sure it drops again. And considering what he has been doing... Emails about people having to come back to work 40 hours a week in offices, and speculating that the economy will be bad and wanting to fire 10% of his work force (rich coming from the richest guy, who can tide the company over, but is too greedy and selfish to do so)
And there we go. Elon Musk is trying to wriggle out of the Twitter deal (more likely to not buy, less likely to try to get a better price). He is trying to come up with excuses (he needs more internal data becausehe claims there are more bots then was reported) so he can avoid paying the penalty fee of 1 billion dollars. And honestly, we all know it is chump change to him, if he had forfeit that sum it would be nothing go him. BUT all this charade, points to one thing: people like Mr. Musk are not your friends, they are out to line their pockets. He wanted the fame, the exposure, the spotlight, he wanted to flex his wealth, now Twitter (and Musk's Tesla) might be in for some turbulence.Do not pity Twitter though, for another wealthy man, Jack Dorsey, who was lookin
Haha if you have to ask "is now a good time...", then I will hazard a guess that it is not a good time. These questions/articles are either a coping mechanism ("goddammit I invested in this crap and I refuse to die alone") or trying to get investors in when others are staying put or running away. Good luck people! Do your due diligence!