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Most Over-Valued Company is History

Darat said:
How do you come to that conclusion - he didn't last time.
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MSM won't be as quick to ignore his rants on that platform when they can be contrasted to official White House statements on an issue: it will be an easy story to write every time it happens.
 
Puppycow said:
I don't know if there's any relation but elmo is so rich that he could probably prop up the share price by himself if he wanted to, just using money he doesn't need anyway. As a sort of backdoor political donation that doesn't go through the regular channels where such donations are capped.

ETA: To put it more directly: as a bribe, but a legal bribe that you can't prove is a bribe.
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Elmo might not be as financially set as you would think. He's got a lot of leverage based on the "value" of his Tesla stock, and if the price of that takes a dip he could be facing a bunch of problems (BBD is a great way to dodge taxes if your stock goes up, not so much if it goes down). Combine this with increasing competition from other EV producers and Teslas not actually being very good cars for the price, and he's got a lot of problems.

The biggest problem he has in the next few years is the BYD Seagull hitting the US market. That alone would cook him. Probably a major reason why he is trying to prop Trump up with all his anti-China rhetoric...

I don't know, maybe I am seeing a bunch of connections that aren't there. It's pretty early in the morning for me and I am a bit groggy.
 
i don’t think any of that is wrong. especially after their we, robot unveiling. no affordable model, no fsd, cybertruck is a dud, none of his products actually work. i think twitter tanking was a huge hit for him, his stock is over leveraged. he did everything humanly possible to overturn the delaware ruling on his stock options deal, tesla stock has been declining as well when he was pinning his future on unsustainable growth.

personally i think he’s been cooking his books too. he’s not an ethical person
 
DJT is now over $32/sh after hours. This after a strange dip yesterday to $27.

Just incredible, but clearly a proxy for his election chances. Trump's interview for Barrons where he waxed on how "beautiful" tariffs were and how great things would be when he's elected was an interesting display of economic ignorance. But for Trump, he just says whatever he thinks sounds good and not many understand economics.
 
Not so long ago DJT had slid to around $11 and there appeared to be no bottom. I imagine some might have looked at what seemed like an inevitable plummet and sought to profit by selling TSLA short at $11 or thereabouts.

This should be a great lesson on the risks of short selling.
 
marting said:
Just incredible, but clearly a proxy for his election chances.
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you know, we'll see. there's a great deal of deception and manipulation happening in this election imo, and i wouldn't believe this is any more immune to that than anything else. there's also other reasons someone with excessive money would want to prop this up, and no shortage of those guys out there.

anyway, i think it's a pretty interesting situation. i would hope everyone could agree that whatever the stock may be a measurement of, it's not the value company
 
Now at $46.71. Unreal. DJT stock now accounts for $5B of Trump's net worth. Been going parabolic in the last few weeks.
 
Now at $53.33 putting The Donald's share value at $6.1B. Today's volume is an astonishing 170M shares, a large multiple of the total float. HFT's having a field day.
 
Puppycow said:
$33.94 today. That's down 28% from 5 days ago, fwiw. Still well up compared to the lows
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It was over $50 earlier today, then settled down. Still grossly overvalued with expenses running 10x income in the last quarter. And that represents a big reduction in burn rate. Their financials, released yesterday, show declining revenue. Price is based largely on a hope and a prayer that as POTUS, Trump will somehow make it Great Again. OK, that's overstated. The "Again" part.
 
what's it's value as a publicly palatable pipeline to funnel money directly to trump
 
One thing is sure, the day Trump kicks the bucket, the value will drop down to probably zero.
 
I've been waiting the several days to see if Trump sold coming out of the gate on Nov 6. and filed a Form 4. He could have sold 20% of what he had for a cool $1,000,000,000. Today he stated he had no intention of selling. But then again he also said this:

"Truth is an important part of our historic win, and I deeply believe in it."

Um, it's been a few days since he won the election. Wasn't he supposed to close a deal with Putin and Ukraine in 24 hours? But "Truth"

 
marting said:
I've been waiting the several days to see if Trump sold coming out of the gate on Nov 6. and filed a Form 4. He could have sold 20% of what he had for a cool $1,000,000,000. Today he stated he had no intention of selling. But then again he also said this:

"Truth is an important part of our historic win, and I deeply believe in it."

Um, it's been a few days since he won the election.
Wasn't he supposed to close a deal with Putin and Ukraine in 24 hours? But "Truth"

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Did he mean within 24 hours of the election or the inauguration? Either way, it seems that he is now talking about 6 months:

www3.nhk.or.jp

Trump backtracks on remarks about timing to end war in Ukraine | NHK WORLD-JAPAN News

US President-elect Donald Trump has softened his stance on ending the fighting in Ukraine. He had claimed on the campaign trail that the war would be over 24 hours after he takes office.
www3.nhk.or.jp www3.nhk.or.jp

I also hadn't checked the share price for DJT recently. It's at $40 atm. The chart shows that after peaking at over $50 near the end of October, it has stabilized (for now) in the $30-$40 range over the last couple months.
 
Puppycow said:
Did he mean within 24 hours of the election or the inauguration? Either way, it seems that he is now talking about 6 months:

www3.nhk.or.jp

Trump backtracks on remarks about timing to end war in Ukraine | NHK WORLD-JAPAN News

US President-elect Donald Trump has softened his stance on ending the fighting in Ukraine. He had claimed on the campaign trail that the war would be over 24 hours after he takes office.
www3.nhk.or.jp www3.nhk.or.jp

I also hadn't checked the share price for DJT recently. It's at $40 atm. The chart shows that after peaking at over $50 near the end of October, it has stabilized (for now) in the $30-$40 range over the last couple months.
Click to expand...


I'd imagine the smart money figured the best time to get out was straight after the victory parties but before his supporters either see him not keeping his promises or suffer the effects of him keeping them.
 
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