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.
Preface to all eight parts: This year was an extraordinary one for the world and an amazing one for Slope. Our user base has grown, our site has dozens more features, and we are poised for a great 2021, which will be our sixteenth year in business. Out of the thousands of posts this year, we have picked some we believe you will enjoy re-reading the most.
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Precisely a month ago, Palantir, the creepy data-gathering firm founded by the ever-so-weird Alex Karp, was the absolutely darling of /wsb-land. If anyone was bold enough, the brilliant move would have been to sell OTM puts left, right, and sideways, because the assumption was PLTR was going to go up 15% every day until the end of time. The fanboys at WSB had their best kneepads on. It was pathetic. Suffice it to say that PLTR has utterly flamed out into nothing-ville.
Oh, sure. Gold tried to play along last night. It really did. The poor little fellow managed to get up by about $15 or so, God bless it. But, inevitably, it fell back into its old ways of being oh-so-lame……..
If there’s one company that epitomizes this lousy year, it’s Zoom Communications. They are, of course, the best-known videoconferencing software company, and the Covid-19 pandemic fell into their lap like a goose that lays golden eggs.
Well, I’ve been saying for weeks now how I think their best days are behind them, and a serious breakdown is taking place. The last vestige of support gave way this morning. In just two months, the stock has lost nearly 40% of its peak value. I suspect dark days ahead.