$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.