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.
Have I mentioned he gets paid $5 million a year for this kind of advice?
This actually understates the drop, since I took the screen shot last night; as I’m typing this, the stock’s price is about ONE TENTH his “we like” level. What a clown.
This bear market is, as all bear markets do, moving in stages. The tech stocks and SPAC stocks were the first to start cracking last year, and the damage will continue to spread. Even now, in the second inning of this bear market, I am amazed how many lifetime lows and 90%+ wipeouts have already taken place. Incidentally, every other tweet I am reading talks about how they’ve covered all their shorts because a squeeze is coming Real Soon Now. OK, fellas. You do that. I’m not budging.
In case you are wondering, after a 95% loss for retail investors, if anyone made money from Peloton, the answer is………YES! They’re called “insiders“, and they dumped it all on a hapless public when the stock was literally over 1,000% higher than it is now. Good day, gentlemen!
It’s Upstart, which I guess must be an after-hours wreck. This was nearly $400 only seven months ago. Now it’s about one-tenth that amount. Not to worry. A 900% gain will set things straight.
