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.
I seriously don’t know what the 19 year olds at /wsb were thinking when they turned the world’s most boring store (Bed Bath & Beyond) into a meme stocks like AMC or GME. In any event, it’s another 90%+ loss train-wreck for the boys on reddit.
In my never-ending question to alienate everyone, I’ve occasionally ticked off a Sloper or two by castigating the marijuana sector. This was, of course, a red-hot investing space a few years ago (top-ticked by James Altucher hopping on the bandwagon), but it has clearly fallen out of favor.
I was reminded of this today by the fact that the ticker symbol MAPS was at a lifetime low. It turns out this is yet another SPAC disaster in the form of a company called WeedMaps.
This chart of DraftKings (DKNG) is amazing. It was a SPAC from 2019 which went up 600% and then lost every penny. It has truly come full circle……….
