No way this company is worth even 1/20 of GM.
gm valuation is 1/4 of revenue
tsla valuation is 6x revenue.
"Oh but there is forward growth to consider."
right, it is going to be half the size of GM in a few years.
As an automaker this company gets an amazonian pass.
It reminds me of Taper Tantrum in May 2013. When the fed announced in the future they would consider gently raising the rates. They forecast a policy of little impact but the machine used it to destroy the bond market. The SEC looked the other way, as they always do, while the giant operators collaborated on the harvest of blood.
BMS had mundane earnings. Any insight on why this one issue is up when all of biopharm is toxic?
Also Exon did not have the worst earnings and outlook, but the rest of the sector is down 6%
Does anybody else have any green on their screen today, besides Vix?
The biopharm beatdown is all engineered. The machine gets better at these sustained beatdowns every year.
I thought the bottom was three weeks ago. The tells of old are no longer valid.
The thing is, the machine can keep a scam like this up for years. you know, like amazon.
The media piled into the scare tactics of a big market crash convincing everyone that the economy is doomed, while we have the lowest unemployment rate in ten years. Nice shakeout. The smart money gets in at the bottom of the dip.
"You should take something to increase your poor selfeesteem."
She did, that's why the dementia.
It did not look strong. Maybe FOMC will change its tune. It depends on the marching orders they get tonight. Subtle inflection can cause a tantrum.
that is what is going on broadly. It can't happen without collusion among the institutions. Notice some get a pass, those are the ones the institutions do not need. They need to drive down the ones they want.
Stellar performance, but every article ends with a negative caveat. Something for deniablility, so they can point and say, "See, it was not manipulation".
It is formulaic and pervasive.
Eight million shares traded by noon EST. Institutes are not selling unless they are gambling addicts, there are not that many retail, crazy to short into high revenue growth,
Where are the shares coming from?
Maybe the tutes are shorting back and forth to keep it down., But that is kind of crazy with Yahoo stats of 80% tute ownership and 17% insider ownership, They are trying to get a deal on very few remaining shares.
Nothing here makes sense.