Posted on 08/03/2018 8:04:09 AM PDT by Moonman62
YouTube Downfall Hitler Parody
https://www.youtube.com/watch?v=wxEClGh6Mus
HA HA!!! Excellent! Dang, I hate short selling, betting on failure and benefiting when people lose their jobs. Hope the hedge fundies get ruined, like they wish on others.
$60b market cap for a company with 0 earnings ever, never hits its guidance, never meets its commitments, ~$12b in debt and whose entire business model relies on massive government subsidies to exist. I don’t short these kinds of stocks because of the risk involved, but this one of the most overvalued companies since the dotcom era.
I don’t short these kinds of stocks because of the risk involved, but this one of the most overvalued companies since the dotcom era.
...
At least since Amazon. I wonder whatever happened to them.
“entire business model relies on massive government subsidies to exist.”
Please cite.
“My Fund Manager,” LMAO!!!
Amazon at leasts makes a profit, but yes its overvalued too
Used to work in ethanol. Enjoyed it. Left when I got to the point that being dependent on .gov without the benefits was stupid.
You cite a big massive rebate but then cite that it is going away.
LOL!
Are you in Einhorn’s hedge fund?
Given that all stock values should represent a discounted, please show me how you can get a PV of $72 billion (equity + debt) given their current and expected cash flows using a reasonable discount rate of say 7-10%.
Nope, except for the stock I own in the company I work for from my stock grants, and a handful of individual bonds, nearly all of my wealth is in passive index funds or rental properties. I rarely trade individual securities, and wouldn’t even own much in my own company if I wasn’t required to hold 1x base salary as a VP Finance/IR for my firm (not that I dislike my company as an investment, but I prefer diversification).
5/72 gets you there but Musk has bigger plans.
5/72 what, exactly? They have negative cash flow currently TTM. Their 2018 and 2019 consensus is negative cash flow in the billions in total, and its likely they miss their guidance/consensus over that time period and perform even worse than that.
The only way Amazon really makes a profit is because of AWS, without them they probably would show losses.
“Their 2018 and 2019 consensus is negative cash flow in the billions in total”
DUDE, not based on ‘consensus’.
lmao They have a history of missing consensus, even after having to revise their outlook lower. They have missed consensus 5 out of the last 7 quarters. At the beginning of this year, consensus EBITDA for 2018 was $1.8 billion. It’s now $1.4 billion. At the beginning of this year, consensus EBITDA for 2019 was $3.7 billion and is now down to $3.3 billion. So yes, I discount consensus quite a bit - it’ll likely be worse.
True, but they still have that. What does TSLA have that is profitable or will be in the relatively near future? Again, I’m not saying AMZN isn’t overvalued - it is - it’s just less so than TSLA.
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