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Every day investors absolutely buy these shares; these price targets are publicly available and SpaceX shares are equally publicly available. You've claimed eve
by csoups14 3mo ago
Every day investors absolutely buy these shares; these price targets are publicly available and SpaceX shares are equally publicly available. You've claimed everyone who is disagreeing with you in this thread is not providing a coherent argument. Have a great day mate.
- ericmay 3mo ago> Every day investors absolutely buy these shares; these price targets are publicly available and SpaceX shares are equally publicly available. And you can just not buy the shares. It's very straightforward.
- ceejayoz 3mo ago> And you can just not buy the shares. It's very straightforward. Sure, but the SEC exists, in theory, to make that decision one you can make an informed decision on, because con artists don't typically put a disclaimer in that says "this is bullshit".
- ericmay 3mo agoYou can't make an informed decision on it unless you do your own research and analyze an individual stock. Then it's up to you to decide if it's worth investing in. This is true for any investment. Just because you think something is bullshit doesn't mean it is. Maybe you're just wrong. Buy the security or don't.
- ceejayoz 3mo ago> You can't make an informed decision on it unless you do your own research… Most retail investors suffer from significant information asymmetry. We have regulations, in part, to mitigate this fact. > Just because you think something is bullshit doesn't mean it is. A point you yourself might remember when arguing on the internet.
- ericmay 3mo ago> Most retail investors suffer from significant information asymmetry. We have regulations, in part, to mitigate this fact. I don't disagree - however that's a separate point from the OP's it's all a scam and pump-and-dump sentiments and doesn't detract from any point I've made. > A point you yourself might remember when arguing on the internet. I know it feels great to write things like this but I don't care - my point stands alone and it's only applicable to you and what you wrote regarding valuations.
- ceejayoz 3mo agoA pump and dump is information asymmetry writ large. It’s how it works! A pump and dump scam doesn’t care if valuation goes down as long as they can exit profitably.
- ericmay 3mo agoThen just don't buy the pump-and-dump and stick to ETFs. Already explained things like lockup periods. Investment firms marketing the IPO also do. not. want. IPO prices to crater after the IPO. It makes them look bad, it harms their business, investors will avoid shops that loop them in on what turn out to be obvious scams or whatever. But even if they don't, who cares? They (I) are sophisticated investors. If I make a bad investment I'm an adult with means and I can live with the consequences. Why didn't I buy the SpaceX IPO? Because I think it's a crappy investment! They tried to pump-and-dump but they sure couldn't catch me. See how easy it is?
- ceejayoz 3mo ago> Then just don't buy the pump-and-dump… I feel like you're unclear on what information asymmetry means. This is "just don't get murdered!" style advice. > Why didn't I buy the SpaceX IPO? Because I think it's a crappy investment! They tried to pump-and-dump but they sure couldn't catch me. See how easy it is? The naïve retail investors you suggest should buy index funds will be exposed to SpaceX and the other AI companies through them, no?
- nradov 3mo agoYou appear to have misunderstood the role of the SEC. They will investigate civil violations of securities laws but there has been no credible allegation of such here. They don't take responsibility for stock valuation.
- ceejayoz 3mo ago> They don't take responsibility for stock valuation. Nice strawman, but that's not what I said. They can, and do, intervene in things like lying to investors to inflate valuations.
- nradov 3mo agoWhat is the specific lie in this case? I mean something that's factually incorrect, not just optimistic.
- ceejayoz 3mo ago> I mean something that's factually incorrect, not just optimistic. https://x.com/elonmusk/status/2075291102324641925 https://x.com/elonmusk/status/2075291102324641925 At what point does the optimism become a lie?
- nradov 3mo agoThere's no lie in that tweet, just an opinion. You're free to ignore it as I do. You can even block or mute the whole account.
- ceejayoz 3mo ago"SpaceX will be worth more than the rest of Earth if we accomplish our goals" is a lie.
- ericmay 3mo agoWell not really. So you're wrong here yet again. What's the total value of all minerals and resources on Earth. If SpaceX had a goal to colonize other planets or asteroids and the sum total value of the minerals and other resources that they had access to was greater than the value of what is here on earth, what exactly is a lie about that statement? Of course, the aspiration and attempt may fail, but in this quote they did say if. You're letting your dislike/distrust of Elon Musk cloud your judgement. If you don't like him or don't like what he says, don't buy shares in his companies, don't buy his products, and don't read what he writes.