Ultimately, I think “Funding Secured” is going to be inducted into the pantheon of epicly embarrassing statements, sort of like “Mission Accomplished” or “New Coke“. Tesla is one of my 57 shorts, and is quite profitable. The company has come full circle since July 28th, having round-tripped the entire price. The poor souls who thought they were going to get an easy $420 by buying into TSLA had suffered a 25% loss in a mere three weeks’ time.
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.
It’s All Miranda’s Fault
I have 57 different short positions, 52 of which are profitable at the moment and the other 5 with a miniscule loss. One of my shorts is SNAP, which is a company I’ve been pissing on, pointing at, and laughing at since they went public.
For those unacquainted with this company, they sell the disappearing dick-pic app (yeah, a real growth market there) and have clumsily tried to position themselves as “a camera company”. They have failed at basically everything they have tried, and my target price for them is $0.
I have maintained all along that if the young chap who founded this place hadn’t run off and gotten married, he might be a little less distracted. Here’s the chart, sporting a NEW LIFETIME LOW, which are my three favorite words in the English language.
Dust Goes Whoosh
As the so-called “precious” metals market approaches its EIGHTH YEAR OF A BEAR MARKET (I could just weep – – why can’t stocks enjoy such wholesale destruction?!?!?!?), the triple-bearish-on-miners instrument I pointed out repeatedly last week has got its booster rockets on and is roaring higher. I suspect gold, silver, and miners will simply continue to soil themselves.
Horrid Beer, Great Profits
I suggested Anheuser Busch weeks ago as a short, and it’s been terrific. I suspect much lower prices are coming. I’ve never had such much as a sip of this swill in my life, but I suspect its forthcoming fall is well-earned.
