I just finished reading this terrific article about shameless grifters Adam and Rebekkah Neumann and their WeWork scam, and I was reminded that this company is, in fact, now public. They had been planning on a tremendous $50 billion IPO two years ago, but after Neumann’s, ummm, lack of vision was revealed, they was torpedoed. Instead, they took the humiliating SPAC route, and let’s just say it’s precisely what you expect. Firm support at $0.00. And keep in mind, this performance is in the midst of the most gargantuan fraudulent market in history, so it’s still overvalued by $10 per share.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
In celebration of Kussama: ($KSM)(more…)
Zoom has lost 50% of its value since last October. This is one of those stocks I dubbed ABC: Accidental Beneficiaries of Covid (of which Moderna is the king). I mean, it’s kind of obvious – – no one actually wants to use the goddamned thing. They were forced to because they were all sent home.(more…)
Until last night, I was getting really annoyed and frustrated with crypto. My account would go up. And then the profits would vanish. Then they’d be restored. Then they’d disappear again. It was getting ridiculous.(more…)
Some of you old-timers here may remember that, years ago, I set up a virtual reality system here in my house. (Well, not exactly; my beloved and way-smarter-than-me son built the computer and put the VR together). It was, for its time, impressive, but wow was it cumbersome. It had a dedicated tower computer, multiple “scanning” devices positioned around the room to track where we were, a bulky headset, two hand controllers, and long, cumbersome wires all over the place. It was the best the world had to offer, and it was a total kludge, besides being very expensive.
Still, we had fun with it. In one of my prouder moments as a father, my daughter recorded herself in a virtual bar, beating the hell out of other patrons.(more…)