Losses don't count when they become one-time "Items" in the New Accounting Paradigm. Big Data, Cloud, the Internet of Things are all short squeeze meat for the real New, New Thing; New Paradigm Accounting, where all costs are now redefined as one-time "Items". TSLA has been losing money every quarter, even with massive government subsidies and staggering carbon transfer credits from the other automakers, but "Items" jack its "Non-GAAP" numbers into the stratosphere. Nothing matters in the Bernanke Superdebt Superbubble except Printing, Euroswaps, and endless ZIRP. These companies don't want great engineers, software programmers, or scientists...just one mediocre accountant who can change a T-account to reclassify costs as "Items" is much, much more valuable than the whole lot of them.
Only in the Bernanke Superdebt Superbubble is this *Huge*. What is *Huge* is its preposterous valuation...as well as all of the Bernanke bubblestocks.
Who cares? Who's going to do anything about it? Not any 'regulator'. They're all too busy protecting their Wall Street masters.
Why not buy a machine and reverse-engineer it? Isn't this what the Big companies do as a matter of routine? This is what makes them so big. Pirates of Silicon Valley, only much, much larger.
Take out TSLA's Carbon Credits and it's a $5 stock. It's all how you package the product.
Earnings mean nothing. Only ZIRP and Euroswaps matter. Cramer should just shorten his program to 30 seconds and talk about the Fed and what the Rothschilds banks are rumored to be telling it to do.
down, down, down in US. Up, up, up in Taiwan. Strange disconnect. (Note to person asking about BRK...it's Berkshire (class A or class B).
"The Bernax" don't care. Nothing matters any more. Only short squeezes with free Fed money matter.
18 years and nada. VIPS up 5,000% in 3 years. BIDU up 2,000% in 8 years. Even KERX, which was on death watch just 6 years ago, has jumped 8,000%. The only ones making money on NVAX are its directors and its "researchers". Hopefully you all will be laughing at me...hope it doesn't take another 1/2 lifetime.
Hit piece in IBD to trigger a selloff to buy into, then a price target raise and another squeeze. Gotta love this Goldman City game.
a week or two since we're at 1999 echo-superbubble pace.
when the Bernanke Superdebt Superbubble was simply the Bernanke Bubble..
Up we go as the momo money returns to its old favorite. If it goes up, TBTF banks win. If it finally collapses, taxpayers will pick up the bill or Yellen will 'swap' to pay her TBTF banks for the loss.
No, they're sharing with Buffy's NetJets ... and they get a tax writeoff for their jets because the private jet provides 'security' for the 1$.