Maybe if people actually bought their concoctions……..

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Two years ago, everyone figured that space tourism and space-related companies in general would be swimming in cash. It’s quite evident this was yet another fraud of 2020.

The new day greets us with all the stock futures down a little, between about 1/4 and 1/2 percent. I’ll happily take that. The /ES chart appears to have hammered out a well-formed topping pattern and, at the moment, prices are clinging precipitously to precisely the Fibonacci.

Two years ago, Instacart (which I’ve never used in my life) had a $39 valuation. Regrettably for the dummies that poured money into this as a privacy company, the IPO price has its value at more than 75% below those levels. Of course, if they know what’s good for them, the pre-IPO investors will get the hell out before this thing inevitably declines to $500 million market cap.
