4 ms·

Errr, I think the market has priced in an awful lot of corruption. PLTR closed at $41.41 on November 4th (day before election), and after its 10% drop today, it

Errr, I think the market has priced in an awful lot of corruption. PLTR closed at $41.41 on November 4th (day before election), and after its 10% drop today, it closed at $112.06. The market might be saying that even with the corruption, if the total pie shrinks by enough, it hurts the company. I mean, in the sense that the "market" says anything at all.

dilyevsky 2y ago
What i dont understand is why it is seemingly not pricing in the blowback. Clearly next admin will scrutinize any trump-era deals very heavily for their own political points so even if the gravy train is going full stream now it won’t last forever
- w-ll 2y ago
  You think we are gonna have fair elections in 4 years? - You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore..."
  - whatshisface 2y ago
    The president can't just say, "no more elections."
    - w-ll 2y ago
      Back during my high school civics class I would believe that. But headlines such as "Trump signs order declaring only president and AG can interpret US law for executive branch" Make me wonder. ¯\_(ツ)_/¯
      - whatshisface 2y ago
        "The executive has enforced the decision, now let him make it."
        w-ll 2y ago
        So you agree, they can say "no more elections."? Also, as a point, I wasnt saying there would NOT be elections, but if they were fair and not banana republic elections.
- XorNot 2y ago
  Because that's 4 years from now, the market barely prices in things which will happen 6 months from now. They're certainly not pricing in the fact that corruption is actually a really poor business model, especially with the current rollback of the regulatory protections: those companies are going to get paid a lot of money to be husks of their former selves. Why deliver anything when you can get paid for not delivering it as well? Why build and retain qualified engineering staff when you don't need them?

dilyevsky 2y ago

What i dont understand is why it is seemingly not pricing in the blowback. Clearly next admin will scrutinize any trump-era deals very heavily for their own political points so even if the gravy train is going full stream now it won’t last forever

w-ll 2y ago
You think we are gonna have fair elections in 4 years? - You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore..."
- whatshisface 2y ago
  The president can't just say, "no more elections."
  - w-ll 2y ago
    Back during my high school civics class I would believe that. But headlines such as "Trump signs order declaring only president and AG can interpret US law for executive branch" Make me wonder. ¯\_(ツ)_/¯
    - whatshisface 2y ago
      "The executive has enforced the decision, now let him make it."
      - w-ll 2y ago
        So you agree, they can say "no more elections."? Also, as a point, I wasnt saying there would NOT be elections, but if they were fair and not banana republic elections.
XorNot 2y ago
Because that's 4 years from now, the market barely prices in things which will happen 6 months from now. They're certainly not pricing in the fact that corruption is actually a really poor business model, especially with the current rollback of the regulatory protections: those companies are going to get paid a lot of money to be husks of their former selves. Why deliver anything when you can get paid for not delivering it as well? Why build and retain qualified engineering staff when you don't need them?