Is there any semblance of fundamentals left in markets ?

[LXR]

I saw for years, some of these finance bros talking about how Tesla is all hype, Tesla will fall in the future. Now I am living in the future and the reatrded gambling addicts made their money, sobered up and took their bags. Meanwhile those who chase fundamentals are scratching their heads at these markets

Tesla is pumping and pumping with that bullshit market cap and revenue figures all while its PE touches insane highs in tandem with its stock

Apart from Tesla there have been some other bull runs, for example Intel. There was a famous story on wallstreetbets about a guy who bet on Intel using his Nana's money but lost it and got clowned on. This year Intel rushed to all time high and all those retards are eating their words.


We have an IPO for Spacex whos so called predicted valuation of 1.75 trillion.

1.75 trillion for a fucking space internet and reusable rocket company. Not even high end defense companies dream of that and they build shit which Spacex engineers cant comprehend. Aeronautical sector is just not that profitable. You are talking about standing amongst the software and electrical giants. What the fuck is the market smoking ?


Dont take this thread about shitting on fundamentals. I think they are good, but they are a distant dream

 

[LXR]

Lets say how many read this, even if its really simple

 

[LXR]

I saw for years, some of these finance bros talking about how Tesla is all hype, Tesla will fall in the future. Now I am living in the future and the reatrded gambling addicts made their money, sobered up and took their bags. Meanwhile those who chase fundamentals are scratching their heads at these markets

Tesla is pumping and pumping with that bullshit market cap and revenue figures all while its PE touches insane highs in tandem with its stock

Apart from Tesla there have been some other bull runs, for example Intel. There was a famous story on wallstreetbets about a guy who bet on Intel using his Nana's money but lost it and got clowned on. This year Intel rushed to all time high and all those retards are eating their words.


We have an IPO for Spacex whos so called predicted valuation of 1.75 trillion.

1.75 trillion for a fucking space internet and reusable rocket company. Not even high end defense companies dream of that and they build shit which Spacex engineers cant comprehend. Aeronautical sector is just not that profitable. You are talking about standing amongst the software and electrical giants. What the fuck is the market smoking ?


Dont take this thread about shitting on fundamentals. I think they are good, but they are a distant dream

Tldr chase the hype like a retard. Cash out and go home. On the offchance you get burned, thats your own fault

 

[Iblamegirthquake]

Dude cherrypicked 3 events

Holy survivorship fallacy

Of course your only hearing about the hype train companies that work, because people talk about it when people have to eat their words. When people call a company hype, and it is, no one talks about it.

 

[LXR]

Dude cherrypicked 3 events

Holy survivorship fallacy

Of course your only hearing about the hype train companies that work, because people talk about it when people have to eat their words. When people call a company hype, and it is, no one talks about it.

Its not cherrypicking when its some of the most mind boggling bullshit that some people can see. Companies like that go bust like Enron not balloon up to even more astonishing heights. Almost every company riding this hype train right now has nothing to show for it apart from the buzzwords.