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
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
Growth is not infinite. A business like netflix not being ready for this fact means they deserve to die out to a more competent and more well prepared competitor. Anyone saw the news about how the top people are paid in cash and not with company shares? Says so much about how invested into the company they are...
Netflix Tells Employees Ads May Appear by End of 2022 - NYT
Lol, not that Apple is an angel, but comparing them to Aramco, a grubby oil heavy monolith that's in the industry that exploits consumers (cashing in by unfairly raising prices for profits, hiding behind "inflation" and "returning/improving consumer demand"), an industry that also refuses to change their ways and is going to slowly die off, that seems wise
1.8 million is nothing to these people, if anything it's simply to get articles like this up and hopefully attract more gullible investors to think "hey look they have confidence in it, I'll buy in too"I strongly believe that late entries into such ventures are going to do poorly or at least the big players have already taken the lion's share and everyone is just feeding on scraps
Co-Founder Fred Ehrsam Just Bought $1.8 Million in Coinbase (COIN) Stock
$SGX(S68.SI)$ multiple initiatives recently announced, including the process in place for companies to be listed both on SGX and NASDAQ, and it seems like the news cycle have constantly stuck to that initiative, even mentioning Singapore's GIC and Temasek, a strong signal that this will likely be given strong backing to succeed
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)
It's crazy how these people/companies splash the money (is it even really theirs? Loans etc.?)1 fairly big company owns a similarly big company in the same industry, what for?? Then now they have to sell seemingly at a loss.The "privatised food delivery" industry is oversaturated and they know it...
Just Eat Takeaway May Take Multi-Billion Dollar Writedown on Grubhub Sale
Saw someone try to hype up $Decent Holding Inc.(DXST)$ saying it would be climbing back up next week. But online posts have been sharing that it is likely a pump and dump. Simply put, if you do not know what you are buying, and are just blindly following posts you see online, then you might just be separated from your money, and the crooks will be laughing all the way to the bank. ALWAYS DO YOUR DUE DILIGENCE, and do not let greed blind you. (In this case, just searching on google and reading a couple of posts about why it crashed, gives me a good hint of what is going on.)
Isn't that wonderful, any rally could be cut in half by another disruption, but the rally came in so hard and so quickly that investors might just want that to scrape out good value. I felt that the war had minimal impact, the stock market was waiting on any "good news" from the man in the white house, so it could start climbing. By the time the ceasefire was agreed, it felt like nothing too significant happened since everyone already was recovering. I wonder if the ceasefire does not hold, and the reaction of the market, would there even be a big slide The Hormuz chokehold will indeed not be going away any time soon, so what are we really rebounding so quickly for...