Momentus. I am not kidding. Behold the chart that goes from $20,000 to $1.
Most Ironic Name Ever
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.
The Pros
Since my short-sale idea from two weeks ago, Centene (CNC) had its biggest collapse in history today (about 40%), you might be concerned what the “real” analysts of Wall Street had to say about the stock until today. Absolutely no one will be surprised by this:
Starblobs
Here’s something you can’t say about many stocks: this one has the same price now as it did in December 2020. The company? Starbucks.
The Age of Fake
You and I, being more or less human, have things in life we love or hate. I suspect my “hate” list is longer than most, although in my defense I’d like to think my much shorter “love” list is executed with special intensity.
Right near the top of my hate list is fakery, and I’d like to share some thoughts on that.
This came to mind because, with increasing frequency, I am seeing all manner of social ads which inform the viewer that if they would just sign up some kind of AI service the money would absolutely pour into one’s lap. For example, there’s a firm called Zeely which shows a comely lass sitting in front of her computer gripped with the kind of anxiety that one shows when awaiting news about a terminal illness.
The SPAC Wrap
Remember the Special Purpose Acquisition Corporation? Yep, the SPAC was very hot in the unhinged days of 2020/2021 (as if we’re any more sensible now). One of the main proponents of them was this choad, Chamath Palihapitiya, whose most famous offering (which he sold WAY before the crash) was Virgin Galactic.
