03-11 Politically Incorrect Daily




Political Memes and Funny Pictures

dog job looks ruff feed family karen
autocorrect accepted how mich swear talk about ducks
venn diagram cat inkjet printer moody ignores requests
human sacrifice not how climate change works mistakes both sides amnesty
bathroom doors no balls at birth
biden trashing trump border policies rinos democrats border dhs
hate video games male fantasies low gas prices flashback
gestapo thats one wont date me have penis
student graduates from colllege loans owes life debt phantom menace
pillow simpsons biden 2024 finish the job
teacher 80 percent complied unethical experiment authority
daughter what be grow up threat to new world order
biden debate trump president cookie monster deflect inflation blame
biden apologize for calling victim lincoln no illegal yes

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Quotes, Messages, Social Media Memes of the Day

x unknown callers talk first breathing competition
x how millenial filter phone calls if rings spam
x cant throw rocks teammates outfield read the rules doesnt say
quote hannah cox cant strangle industry blame capitalism
message biggest cancers of society george soros bill gates klaus schwab
quote bertrand russell fascism first fascinate the fools muzzle the intelligent

Starting the Dump Phase?

A few days ago I wrote in a blog about Wall Street & the financial press’s tendency to pump-n-dump stocks; I specifically mentioned Nvidia, now a $2.2 trillion dollar company. Could they be starting the “dump” phase?

headline cnbc nvidias terrible friday momentum
headline cnbc nvidias massively overbought stocks

This is not to say that Nvidia isn’t a great company. I’m simply stating that the financial industry & media love to make themselves rich by overpumping good companies to insane levels that have no reasonable connection with profits & cash flow-based valuation models. Then, as they jump ship, they save their credibility by coming up with reasons why they must now sell, beginning the “dump” phase. In my blog I specifically mentioned Cisco as an example of a great company that was pump’n’dumped. Here’s a Yahoo Finance chart of Cisco’s stock price the past 35 years. See if you can spot the pump’n’dump phase. 🤔

cisco yahoo finance stock chart

If you want more recent examples, look at charts for Zoom or Tesla. Maybe I’m wrong though. Maybe Nvidia is bid up to a $3 or $4 trillion dollar company, surpassing Apple & Microsoft. You never know how high a stock will get before enough investing pros figure out the numbers just don’t add up, or if they find enough other reasons to dump the stock. Case in point–Tesla, one of the most overhyped companies ever based on profit & cash flow projections. When Elon Musk stood up for free speech by buying Twitter in 2022, he became an enemy of CNBC and the rest of the financial media, meaning there was no longer any reason to overhype the company. Check out its chart up to and after 2022.  Spot any pattern? Oh, they’ll say it’s based on disappointing profits or growth, as if the valuation was based on any of that in the first place. 🙄

tesla stock chart yahoo finance 2023

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2 thoughts on “03-11 Politically Incorrect Daily

  1. Thank you for the effort you make to collect and post these every day. I am a major “stealer” of your “thefts”. 🙂

    • Thanks for following the site, Steven! Yes, seize and redistribute the meme wealth! 👍

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