Retail gamblers lifesavings got ... katapulted away!
This virtual e-commerce company with virtual profits let everyone know how many millions they lost yesterday / this night.
This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining.
And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I present:
"With Katapult, you get a cutting-edge lease to own option built for you, with no credit required. You can apply using our intuitive online process in-store or at home while shopping online. Our flexible pay-over-time options coordinate with your pay dates. So, you can make payments when you have the cash."
In todays best rektage, there are a few other examples.
Metromile
The investors most certainly are not smiling here
You may note how it consistently retraces to around 61.8% before the big fall.
I don't do stocks, or not much, maybe I should, I wish I knew about these free money garbage companies.
But I do know about GME, it was on the news and all. And it too has potential, with lots of bagholders.
Those companies are troll shell companies with
- NO PROFIT
- NO MARKET
- NO GROWTH POTENTIAL
- NO PURPOSE (OTHER THAN SCAM BAGHOLDERS)
- NO USEFULNESS TO SOCIETY
The kind of company that goes up is obvious. Here. Pfizer is at all time high already! Simple.
Gamestop went up because of the short squeeze and that is long over. There are no shorts left (there are but less than 1/10 of what used to be).
The trolls holding now are 100% irrational. They have loss aversion and that's it.
By the way, Moderna is the best performing "asset" this year.
It is the best performing stock in the S&P 500 AND it's price to earnings is still cheap.
This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining.
And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I present:
"With Katapult, you get a cutting-edge lease to own option built for you, with no credit required. You can apply using our intuitive online process in-store or at home while shopping online. Our flexible pay-over-time options coordinate with your pay dates. So, you can make payments when you have the cash."
In todays best rektage, there are a few other examples.
Metromile
The investors most certainly are not smiling here
You may note how it consistently retraces to around 61.8% before the big fall.
I don't do stocks, or not much, maybe I should, I wish I knew about these free money garbage companies.
But I do know about GME, it was on the news and all. And it too has potential, with lots of bagholders.
Those companies are troll shell companies with
- NO PROFIT
- NO MARKET
- NO GROWTH POTENTIAL
- NO PURPOSE (OTHER THAN SCAM BAGHOLDERS)
- NO USEFULNESS TO SOCIETY
The kind of company that goes up is obvious. Here. Pfizer is at all time high already! Simple.
Gamestop went up because of the short squeeze and that is long over. There are no shorts left (there are but less than 1/10 of what used to be).
The trolls holding now are 100% irrational. They have loss aversion and that's it.
By the way, Moderna is the best performing "asset" this year.
It is the best performing stock in the S&P 500 AND it's price to earnings is still cheap.