During the insanity of the Covid-19 mania, almost every garbage stock out there did fantastic. One such stock was Lordstown Motors, which was one of many Tesla wanna-be electric car manufacturers.
There Goes Your Ride
Slope of Hope Blog Posts
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.
Jab Jihad
Pfizer, which is part of just about the most evil sector in human exist (Big Pharma) and the beneficiary of infinite government largesse, is actually suffering, having lost nearly HALF their bloated market cap. It couldn’t happen to a nicer bunch of malignant criminals.
Die in Space Instead!
When the incredibly-rich quintet of people decided it would be a great idea to gawk at the gravesite of nearly 2,000 souls miles beneath the surface of the Atlantic Ocean (only to add five causalities’ to the roster), I tweeted that it was exactly this kind of disaster that would suppress space tourism. Some folks pounced on me, pointing out the differences between submersibles and spacecraft. I countered that submarines, in one form or another, have been used (even in warfare) for about three hundred years.
In any case, Virgin Galactic enjoyed a tremendous rally in recent weeks, only to have seen most of it unwind in a couple of days. I realize a part of this is the fact the company decided to take advantage of the idiotic prices and sell hundreds of millions in new “investment” stock, but all the same, I’d like to think that the five people suddenly crushed to death in a few milliseconds may have had something to do with it, even if the form of exotic tourism was in a different medium (water as opposed to the vacuum of the cosmos).
Cramer Curse Strikes Again!
Crash Landing
Add this to the Museum of SPAC Failures: that is, Wheels Up (oh, sorry, Wheels Up Experience) which has done pretty much done nothing but go down for its entire existence. I’ve got a funny feeling the insiders cashed out a while ago.
