I’d say this needs a bit more work.
Errrrr…….Close!
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.
Virgin Gosplatic
The SPAC stock Virgin Galactic (SPCE), brought to the world by megalomaniacal Chamath Palihapitiya, plunges to a lifetime low nearly every day. Of course, he dumped his holdings onto unsuspecting dupes years ago. That’s why he’s a billionaire, baby!
Clownhound
Remember Soundhound (SOUN)? This was a total junk company until the AI fever grabbed it, and it exploded in value by hundreds of percent for no rational reason. Things went into overdrive with NVDA, everyone’s darling stock, took a stake. Well, buddy, it’s down 60% in less than a month. This is the kind of result people get when they chase ridiculous fantasies. The true value of this company is probably about $0.
Deddit
This is what happens when a garbage company takes advantage of a foolish market. You can expect this to be delisted by 2026.
CPI Go Boom
Even the completely fake and diluted inflation numbers that the government invents each month were too hot for this absurdly-inflated market (which in a rational universe would have the S&P value at around 900 points or so) and the results are deliciously brutal. Everything with the audacity to have a ticker symbol is getting torched:
