Jump to content

rusty shackleford

Community Member
  • Posts

    609
  • Joined

  • Last visited

Profile Fields

  • Location
    WNY

Recent Profile Visitors

2,117 profile views

rusty shackleford's Achievements

RFA

RFA (5/8)

854

Reputation

  1. Buy a $80k Tesla just to destroy it… That’ll get ‘em…
  2. I can’t believe nobody has gone with the entire cast of the golden girls yet… Bea Arthur and Betty White is the roommate match fantasies are made of
  3. Pretty soon it will be as low as IMDB's Snow White rating.
  4. The street should be worried about a lot more than Musk; there’s been a lot of cracks in the wall for awhile now that have been ignored. TSLA has been diving down… but it still is trading at a P/E of ~110. Despite what the former Tesla bulls proclaimed, it’s just a car company (and a struggling one at that). It should be trading at normal auto P/E range of 5 - 10, which would put it closer to a $20 stock. Lots of room for the bottom to drop out… but it was the devote climate change believers that drove it up to that price to begin with.
  5. The irony of this cannot be understated. The people doing this are also the ones that were Tesla customers just a few years, if not months ago. Without their support in the name of climate change, Tesla would not have survived to the point of profitability (and a huge overvaluation of its stock price). The boycotts from buying Tesla cars can be an effective form of protest; but then turning around and torching Tesla inventory is counter productive to that. Tesla would have been hurt worse financially from having unsold inventory sitting around on lots or sold at a deep discount from plummeting demand. Instead the company will recoup full value through insurance all while giving their "cause" a black eye.
  6. Bean, go all in on Metcalf. Bean: best I can do is Shenault.
  7. Indeed there are a lot of things that are ending up looking very similar. Following that sudden market drop and recovery last summer, markets really rallied. Helped by the Fed rate cut, then again with the optimism around the Trump victory. Of course, back in 2007/2008 there was a real catalyst to make the bubble pop and the bottom drop out; starting with the garbage MBS's and impact to the investment banks. So far in 2025, there hasn't been much tangible reasons to the market pullback; just uncertainty around tariffs and other policies. The market does hate uncertainty though, so hopefully concrete direction there will settle things a bit. Also, there has never been a time where a recession wasn't preceded by an inverted yield curve. The rate curve was inverted for over two years and snapped back to positive just a few months ago (depending on your choice of the 2yr/10yr or the 3mo/10yr view). Although, that doesn't spell certainty of a looming recession, it doesn't give a great feeling, all things considered. Oh, and those bad monthly jobs reports we saw all last year with constant downward revisions after the fact, with a lot being in the public sector, doesn't help.
  8. If you are only 45, have 15 more years of work, and actively contributing to your 401K, you shouldn't be focused on how short term spikes or dips impact your retirement account. It will only lead to more anxiety in either direction. Best to just keep contributing your normal amount and lower you average cost basis when things are down. In 15 years, the big picture will be a lot different... can't draw on it until at least 59 1/2 without major penalties anyways.
  9. That's how I've been thinking about that draft for awhile. Doesn't really matter who was 1st or 5th as long as one of them turned out to be your guy (except for the whole 1st round 5th year option thing).
  10. No President besides Trump would ever think about hyping a specific brand electric vehicle in front of the press for a publicity stunt
×
×
  • Create New...