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Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

StukaFox said:

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

Americans Tell NBC, “Blown Away” By Bidenflation,

newtboy says...

I do….and I can list reasons why I think what I think, unlike yourself who is embarrassed to admit you never actually think yourself and all your arguments come from disgraced and debunked liars who’s jobs are to lie, almost exclusively when it comes to any political topic.

The ship only turns so fast. It needed SO much correction on SO many issues because the last demander in chief refused to steer the nation anywhere but into a reef for the last entire year of his term….the last 3 months totally intentionally while he drilled holes in the keel and cut holes in the sails.

The nation certainly needed serious and immediate correction. Glad to hear you admit it, even accidentally.
You’re complaining about more spending!? You must be joking! Compared to spendthrift Trump, he’s a fucking miser. Every major project he’s put forward has been paid for in the bill, not so with the last administration that thought they couldn’t overspend because they can print more money….the biggest deficit and fastest debt rise (both by dollar and percentage) EVER by a mile. And put us in a recession with high inflation, negative GDP, outrageous unemployment, and near a million dead for the privilege. Joe invested in American infrastructure. Complaining about spending will not be tolerated from you after supporting Trump. Not for a second, you unbelievable hypocrite.

He did many things, leading to a healthy economy and amazing jobs numbers and rising wages among other improvements. All work against inflation.

But you like to say he’s done nothing, so how’s 4 examples on the Afghanistan disaster alone work for you?
He negotiated 6 more months to be gone.
He evacuated any and all Americans that wanted out, including those that waited until the last day.
He set up and staffed new systems (granted too little and late) to assist Afghans that worked for us in getting at least refugee status if not visas. This should have been step 1 in February 2020….likely a big surprise to find nothing started or planned when Joe took office.
He pulled out billions worth of functioning, still owned by America weaponry (what you love to whine about is the weapons in Afghani’s hands, and decommissioned often scuttled vehicles we abandoned….yes, a waste) that before he took office were being left in country.
Simply put, he made a plan and implemented it, can’t say the same for his predecessor. It wasn’t perfect, but it was something….which is a massive improvement.

He’s a mile above the low bar set by your idol, who spent nearly a full 1/3 of his presidency off playing golf (after promising not to play at all), and >1/2 of every day on personal executive time eating junk food and watching TV (but only ever taking softball questions from far right outlets, refusing any non right wing reporters a question much less interview). The remaining 1/6 was largely filled with rage tweeting and executive toilet time (pooping or shredding, you choose).

Your position is old, dementia ridden, no leadership, no question taking, slow, incapable of speaking or thinking, doesn’t know who or where he is Joe kicked fat lazy dumb Don’s ass without even holding rallies, did it in his pjs without breaking a sweat or raising his voice. Odd you love to constantly degrade the guy who’s by every measure head and shoulders above your messiah and proved it by a historic landslide. Seems you wouldn’t want to keep putting Trump down as a massive total loser to such a sad, weak, incompetent opponent, but you gotta be you.

bobknight33 said:

If you think this is Trumps fault, think what you want?

But
This is on Biden, commander in chief. It is his job to steer the ship. To correct the direction of the nation.
What has he done to correct this? NOTHING, except more spending , making this worse.

Biden use by date has long expired. He has no leadership ability, He cant take questions He is kept from media and public for fear on looking tool old and too slow and unable to speak intellectually. His days are in the past.

The Lab Hypothesis | Real Time (HBO)

newtboy says...

The issue is the wrong guy, a dishonest blowhard trying to cover his own failures, claimed this early on with absolutely zero evidence. It was a clear dodge, his normal MO. Refusing any responsibility for ending the international pandemic response team that would have been able to actually say when and where the outbreak started, and likely be able to keep it relegated to one small area in China. By blaming it on a Chinese lab, actually saying it was intentional, he deflects from his abject failure to protect America from a clear, obvious, incontrovertibly deadly threat on the horizon….or any time after it’s discovery.
Were the Chinese studying Covid, yes, so were we. That’s not an indication of where it came from. There’s no evidence it came from any lab, only supposition at best.

Edit:Even if the guess that it came from a Chinese lab is correct, it doesn’t excuse one second of Trump’s (lack of) response and outright denials for months-years. The origin has nothing to do with the danger level, in fact, if it WERE enhanced/created in a lab as he claimed, that’s more reason to consider it MORE dangerous, not reason to claim it’s just a cold or mild flu and will disappear like magic in a few weeks. Granted, it was fun to see him (only after his trade deal fell apart) blame this deadly virus on the Chinese as an unforgivable deliberate act of germ warfare and accuse them of minimizing the danger and hiding the size and severity of the outbreak and in the same breath claim it’s nothing to worry about, not dangerous, probably not deadly, not worth any action to protect against, and just a minimal annoyance soon to disappear….but also disappointing to see how easily so many Americans glossed over the two faced hypocritical responsibility shirking stance he took.

This guy claims most, nearly all viruses can’t both infect people and be transmitted….what utter nonsense. If that were true, there would have never been epidemics, pandemics, not even outbreaks. Credibility destroyed.

I guess he didn’t hear about swine flu, or bird flu, or flu, or colds, or any transmittable virus. 🤦‍♂️
I guess they haven’t heard new mutations are far less deadly (but more transmittable) than earlier versions, so they are getting less dangerous, contrary to his claim.

Not transmitting well outdoors means it’s not natural?! Bullshit, animals nest together. Many natural viruses require close contact to transmit.

DNA testing proved early on that this is not a man made virus. Is it possible a Chinese lab made a natural virus more dangerous, then a lab mistake released it? Yes, but there’s no evidence that’s the case, even these people who’s livelihood relies on people accepting “the lab hypothesis” (hypothesis=guess) admit it’s all conjecture, there’s no evidence, certainly no proof. It’s not the lab theory because it’s unproven.

Duh.

BTW, this couple are married, anti vaxers, Ivermectin proponents, and were thrown out of Evergreen College, and are now both now discredited and disgraced. Their main source of income is now their anti vax, pro Ivermectin, Covid isn’t dangerous podcasts loved by morons like Joe Rogan, and a source of much of his misinformation that’s getting him removed from his platform.
“Bret Weinstein is one of the foremost purveyors of COVID-19 disinformation out there,” says Dr. David Gorski, a surgical oncologist and professor at Wayne State University who also debunks quack remedies as managing editor at a website called Science-Based Medicine. “Weinstein can be ‘credited’ with playing a large role in popularizing the belief that ivermectin is a miracle cure or preventative for COVID-19, that the vaccines are dangerous, and that the disease itself is not. Why are Rogan and Maher attracted to his messages? Contrarians and conspiracy theorists tend to be attracted to each other.”
https://whyevolutionistrue.com/2021/09/16/bret-weinstein-and-heather-heying-go-unvaccinated-take-ivermectin/

Downvote discredited shills who profit from misinformation. No surprise at all, considering who posted this dishonest propaganda from discredited propagandists.

Road Rager Shoots At Other Driver 11 Times

StukaFox says...

Yeah, I was supposed to be on one to Lyon about a week before everything shut down, thus fucking me out of the opportunity I worked a year for. Don't worry, I am leaving. Not where I wanted to originally -- looks like it's either Chile or Uruguay now, according to who likes my money more -- but I am leaving.

Ever heard that "ancient Chinese curse" thing, "May you live in interesting times"? It's not Chinese or ancient, but there are two others associated with it:
1. "May you come to the attention of powerful men."
2. "May all your wishes be granted."

Beware the second, especially in your case.

bobknight33 said:

Planes leave daily.

My Humps - Teletubbies Edition

newtboy jokingly says...

The song is about her humps, her humps, her humps, her lovely lady lumps….and I made it nsfw!? Hmmmmm…..

Besides….tell me I’m wrong. Granted, I don’t know what to do with the triangle, but I’m curious!

BSR said:

Thanks for turning this into NSFW. But then again if you're watching this at work you may have coworkers staring at you over their cubicles.

Watch the Webb Telescope launch animation

cloudballoon says...

You get that's just a "preview" right? It's in the desc. It was done & shown before the launch, and I assume you knew the launch date (granted, it was postsponed several times, so admittedly not easy to keep track unless you have a passing interest about it). The actual live broadcast is at: https://youtu.be/7nT7JGZMbtM

Hipnotic said:

Some (private) rocketeers provide live views of their space endeavors, while other (government) rocketeers give you animations.
The times we live in...

Uh WTF

newtboy says...

Another Q conspiracy video, @bobknight33 ?! Oh Bob.
Biden handed the governor’s son an official whitehouse face mask, in public, on camera. Granted a bit oddly but not super slow and lingering like the edited “original” video shows.
The child definitely didn’t hand Biden a vial of baby blood or adrenochrome like the doctored, reversed video claims to show, and like you likely believe. Your irrational hatred of anything not Trumpian makes you such a fool.
🤦‍♂️

Lake Mead At Historic Low, Expect Water Shortages

newtboy says...

The California state water board just announced that farms will receive 0% of their allocation in 2022 from state run sources in both the earliest and lowest allocation announcement.

ZERO. Only the bare minimum for sanitary conditions in many otherwise completely dry communities, up to 55gal per day per person if they’re granted emergency access.

This is on top of the major cuts from sources like the Colorado river, already cut completely from Arizona and Nevada farmers, and with California aquifers rapidly running dry.
California is by far the largest food producing state, producing over 13% of all food in America (by value) and nearly 100% of many staple foods and beverages. Along with the near complete halt to farming in neighboring states, it’s impossible to imagine this won’t dramatically affect both food costs and quality in America for the foreseeable future.

This is inflation due to predicted climate change, @bobknight33 , in case you need someone to blame…and since inflation is suddenly an issue for you. Biden asked for funding to address it, and got not one Republican vote. Clearly inflation isn’t important to Republican representatives unless it’s inflation of yacht prices.

bobknight33 (Member Profile)

newtboy says...

Bob, it’s on video. Unedited video (unlike the kind your sources produce to create faux outrage), so not the kind you would believe. Facts aren’t for the right anyway, no wonder you can never identify them.

The defense attorney (not the prosecutor) argued in court on video that allowing another calm, silent, black pastor to sit with the family was equivalent to having the courtroom packed with white Colonel Sanders masked men.


Here’s news coverage..Starts around :24

Again, you dismiss fact because it’s not far right propaganda, but you believe Italian space lasers can change paper ballots through multiple layers of buildings and containers, that vaccines have mind control nanobots that are going to make you vote Democrat, but still want to congratulate Trump for getting them produced (even though he had nothing to do with producing them), you believe covid was an attack by China (that Trump failed to respond to even though it’s killed 3/4 of a million Americans), you probably believe eating babies grants eternal youth, I know for certain you don’t contradict those who do, you even believe Trump won an election!

Again, as usual, you just deny the truth any time it’s unpleasant for you. So sad, little man.

bobknight33 said:

Haven't been following it.
That being said The prosecutor job is to paint the defendant in negative light.

These are not facts.
Again you push false truth.

RITTENHOUSE TESTIFIESA summary of day nine of the Rittenhous

newtboy says...

Rittenhouse put on a ridiculously bad crocodile tear performance and the judge acted as his defense.

Not a tear, just huffing and scrunching his face. So transparent.
Remember, weeks after the shooting he was filmed partying and drinking with Proud Boys, throwing white power hand signals, wearing a t-shirt that said “free as fuck”. Where was this fake remorse then? Nowhere.



IMO, the judge has repeatedly shown extreme bias against the prosecution, from barring the prosecution from using the word “victim” unless he’s referring to Rittenhouse being a victim, not allowing discussion of near identical behavior weeks prior when Rittenhouse lamented being unarmed because he said he would have shot several people who annoyed him, and his blatantly hostile demeanor towards the prosecution and kid gloves with the defense. I think the prosecution should move for mistrial and he should be removed from the bench after a mistrial is granted, there’s no doubt he’s allowed personal bias to direct his actions and taint the trial.

bobknight33 (Member Profile)

newtboy says...

Sounds like there was no appeal, Trump’s insurrection records due to be released tomorrow. Courts are closed today, so there’s no chance of another frivolous delay. Get ready to have Trump’s treason shoved in your face for the next few years, if not forever. You know what’s in there is just horrific. That’s why he’s fighting tooth and nail to hide his unofficial personal/campaign actions surrounding his failed coup attempt.

Edit: nope, today he begged for a stay from the (closed) appellate court. It’s possible they’ll grant one, but unlikely since he has no new argument, and it’s settled law that he doesn’t have any right to claim executive privilege because he’s not the executive. At midnight in DC, the point is moot, don’t be surprised if the documents are handed over by 12:01 am.

Loss after loss after loss. Not a good time to be a Trumpzi. (Trumpist Nazi). I’m thinking he might be regretting reinstating the firing squad. On the plus side, he’s going to get the best ratings of his life if they televise it.

Mom Reads Sexually Explicit School Library Book to Board

newtboy says...

This isn’t Afghanistan. Your infantile puritanical sexual hang ups aren’t law. I’ll say it again, if you want Shariah law, move to Afghanistan.

I read more risqué literature in 6th grade….granted my school had us reading at college level by then. What I know is that people who can’t handle this by high school are the ones with the problem. Southpark goes WAY farther, REN and Stimpy, on Nickelodeon, went WAY farther, Family Guy on Fox goes WAY farther. Not to mention the internet giving access to hard core German porn to any 7 year old means frank discussions about sex need to happen before they ever log on. If this mention of sex gets you in a tizzy, you are woefully unprepared for life in America.

Most high school kids are engaging in sex acts like those described…but you’re upset they might read about them? So delusional, bob.

Since you’ve never passed even a grade school creative writing class, you have no idea what is appropriate. In a high school college prep class, this is totally tame stuff.

You know it, everyone knows it except puritanical deviants who hate sex and incels who are afraid of sex or pissed at those who get to enjoy it.

bobknight33 said:

Should not be a high school book.

You know it Everyone knows it except deviants.

McKayla Maroney blasts FBI over handling of Nassar case

newtboy says...

Wrong. He admitted it, and admitted knowing it was wrong.
They had him on tape telling the Russian ambassador to ignore the Obama sanctions because Trump would remove them asap, so he had no other option.
He also admitted to lying about it under oath to the fbi (tried to hide it because he knew it was illegal, possibly treason), then tried to backtrack when his deal didn't seem so good anymore.

Then he was pardoned by Trump, they didn't just drop the case you fucking liar.

Accepting the pardon is an admission of guilt, (edit: something Flynn has now done at least three separate times on these charges) and legally requires a dismissal which the judge granted, but specifically said he was still guilty.

https://www.cnbc.com/2020/12/08/judge-dismisses-michael-flynn-case-after-trump-pardon.html

bobknight33 said:

Remember Flynn,

FBI Fucked him over, knowing he did nothing wrong and everything right. When His new lawyer finally evidence that they were hiding The dropped the case.

But yet a hard left judge kept on trying to prosecute Flynn.

US sues to block TX abortion law

newtboy says...

No, he paraphrased what your actions/posts say.
Edit: granted, that's not really allowed, and yes I'm guilty in the past of the same crime.

"Fake news" is the pablum of the mentally feeble, a mantra you chant any time reality creeps in and forces even the most miniscule self examination. Pretending it's real lets you ignore reality, something you need to do because facing reality and your own positions and their effects would drive you to suicide, since your positions are not just harmful but deadly to your children. Every time you invoke "fake news" you're really just saying "this is too much for my feeble brain to understand or accept so I'll just rudely deny it so my fragile world view isn't challenged by facts or knowledgeable people."

bobknight33 said:

Using my words? from some other posted Video.

Fake news personnel also at this site?

Why should I be surprised.

As US Withdraws from Afghanistan, Refugees Must Be Evacuated

newtboy says...

Derp.
Just weeks ago Trump was bragging that it was ALL him, and Biden couldn't stop it even though he wanted to...Trump had sabotaged the military's readiness in the region to ensure his retreat was irreversible. Biden negotiated an extra 4 months, which SHOULD have been long enough to pull equipment and personnel if not for the fact they were both needed to facilitate Trump's retreat, and some was left behind in the unexpected rush to leave.

BTW, today Biden announced the military will remain until every American is evacuated, even if that's after Aug 30.

The RNC removed his rants taking credit from their websites, because they know his plan failed miserably and want to now blame Biden for Trump's one sided negotiations with terrorists (remember he tried to legitimize them with an invite to camp David, but realized kissing Muslim terrorists ass on live tv wasn't such a great idea after all when everyone in America loudly told him "NO!".)

Trump also left them with no process and no progress in the full year since he announced the withdrawal and released 5000 Taliban fighters with no prerequisites or punishments in the deal, and three months until his pullout date with still no plan to even get Americans out, much less allies, at least Biden is making some effort to make good on our promise to take them, although granted too little and too late. Still, his performance is head and shoulders above what he inherited, which was putting all asylum applications into the round file and pretending they weren't received, and washing their hands of any responsibility.

Epic fail...yes. ....30% on Bush, 20% Obama, 35% Trump's, 15% Biden's. Biden didn't put the opposing army back in the field without stipulations while totally sidelining the legitimate government then instantly surrender unconditionally, letting them destroy the government while we packed, closing bases that supplied support to the Afghanis....that was Trump, but Biden didn't anticipate the speed and totality of the takeover, a huge fail after seeing how fast Daesh took over.

It's astonishing anyone will work with us at all....America never keeps it's obligations unless it's convenient to do so, just ask Ukraine.

bobknight33 said:

The 1/2 ass withdraw lays at the feet of Biden.

Biden had the power to delay to the point when all weapons vehicles etc is disarmed or destroyed.

Also Biden left all the helpers who should be pulled out, left being only to be raped and killed.


Now the purging will begin.


Epic Fail.



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