Reminder: he gets $5,000,000/year to be wrong 100% of the time.
(more…)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.
And The Inflows Keep Coming
Butt-Hurt
We saw it coming. All of us. The latest SPAC disaster, Grnder (GRND) has been down every single day after its introduction to the public markets, and in just over a week’s time, it is literally worth a single-digit percent of its peak price. Just laughable.
Goofy Revisited
Poor Jim Cramer. The one and only time this year that he touts a stock and it doesn’t collapse took place just last week with Disney (DIS). He was SO EXCITED at the one time he didn’t totally embarrass himself, he wouldn’t stop tweeting about it. You can absolutely sense his exultation.
From Meme to Has-Bean
In one of the most bizarre moments of an incredibly bizarre few years, the last gasp of the Covid Cash insanity was experienced with Bed Bath and Beyond (BBBY). Just over three months ago, based on nothing more than the wsb boys saying that they were going to squeeze BBBY to the moon, the stock spiked to $30 on volume of hundreds of millions of shares. As you can see, that was the peak of the counter-trend rally for the market overall (appropriately enough) and the stock is now down 90% (!!!!!!!!!) and trades just about 1% of the volume it did back during the mania.
