******Official politics thread ******

[Throndor]

Originally Posted by ScaringChildren [You must be logged in to view images. Log in or Register.]

Massive layoffs for Buzzfeed

LOL, borrowed tomorrow to make fake news today. Apparently, they're about as competent with business loan repayment as they are with student loan repayment.

[ScaringChildren]

Originally Posted by Throndor [You must be logged in to view images. Log in or Register.]

LOL, borrowed tomorrow to make fake news today. Apparently, they're about as competent with business loan repayment as they are with student loan repayment.

They're cutting 15% of their workforce. That's crazy

[mickmoranis]

democrats causing problems they will later complain about: https://thehill.com/homenews/senate/...ay-coast-guard

gosh we sure need more big government.

[Ahldagor]

Originally Posted by ScaringChildren [You must be logged in to view images. Log in or Register.]

They're cutting 15% of their workforce. That's crazy

Do they have investors?

[Ahldagor]

Originally Posted by Throndor [You must be logged in to view images. Log in or Register.]

Todays topic is venezuela and an attempt to clarify the leftist platform on it. With trump supporting regime change with Juan's declaration of presidency over Maduro, Russia and China are supporting the current socialist totalitarian regime.

Are you with china and russia, or trump?

Neither. I'd be okay with letting Venezuela sort out its own mess, but (if recalling correctly) Venezuela has more oil in the ground than Saudi Arabia; and that makes it a prime target for business interests in countries with a strong military arm.

[ScaringChildren]

Originally Posted by Ahldagor [You must be logged in to view images. Log in or Register.]

Do they have investors?

Yeah, I imagine they do. To be fair to Buzzfeed, it's been happening to a lot of digital media companies lately. Huffington Post is another big one about to have layoffs.

Mic.com had a HUGE layoff a few months ago. Like half of their employees or something crazy.

A lot of these companies push really controversial articles and videos, gaining a lot of clicks through angry response. It's a dangerous game because it's a balancing act. Click bait can pay off immediately, but then you start to lose reasonable readers due to sensationalized and low quality content.

Half of the crazy SJW type world are these guys, purposefully poking sticks at society so they look, because creating an emotional response increases the chance of someone sharing it.

Both sides do it, but I think the layoffs are only happening to the left because of over saturation in the market.

[Throndor]

Originally Posted by ScaringChildren [You must be logged in to view images. Log in or Register.]

They're cutting 15% of their workforce. That's crazy

Tesla cut 7% and the market reacted with a 15% plunge. I went all in and moved my holdings over from NIO when it was down to just over 300/share. Today they regained 1.5% and i dont suppose it will be long before theyre back at 350$+/share. Standing to make a 16.5% gain when it limit sells at 360 which it has shot past 9 times in the past 12 months. There will probably be another scare around feb 6th when they announce their quarterlies since investors are really scared right now, and even when a company beats their earnings reports they plummet over the slightest inclination of difficulties ahead. I may shortsell just before the earnings call and rebuy right after the dive. Not sure yet but im hoping it goes up to my limit sale point before that.

[Ahldagor]

Originally Posted by ScaringChildren [You must be logged in to view images. Log in or Register.]

Yeah, I imagine they do. To be fair to Buzzfeed, it's been happening to a lot of digital media companies lately. Huffington Post is another big one about to have layoffs.

Mic.com had a HUGE layoff a few months ago. Like half of their employees or something crazy.

A lot of these companies push really controversial articles and videos, gaining a lot of clicks through angry response. It's a dangerous game because it's a balancing act. Click bait can pay off immediately, but then you start to lose reasonable readers due to sensationalized and low quality content.

Half of the crazy SJW type world are these guys, purposefully poking sticks at society so they look, because creating an emotional response increases the chance of someone sharing it.

Both sides do it, but I think the layoffs are only happening to the left because of over saturation in the market.

I hope we're reaching sensationalist burnout, and Weekly World New like presentation goes the way of Weekly World News (LONG LIVE BATBOY!). It's also layoff season for ceo's to get a bonus check.

[Raev]

Originally Posted by Throndor [You must be logged in to view images. Log in or Register.]

Tesla cut 7% and the market reacted with a 15% plunge. I went all in and moved my holdings over from NIO when it was down to just over 300/share. Today they regained 1.5% and i dont suppose it will be long before theyre back at 350$+/share. Standing to make a 16.5% gain when it limit sells at 360 which it has shot past 9 times in the past 12 months. There will probably be another scare around feb 6th when they announce their quarterlies since investors are really scared right now, and even when a company beats their earnings reports they plummet over the slightest inclination of difficulties ahead. I may shortsell just before the earnings call and rebuy right after the dive. Not sure yet but im hoping it goes up to my limit sale point before that.

I will be surprised if Tesla makes it through 2019 without going bankrupt. They are not down because they laid off 7% of their workforce, but because no one wants to buy the Model 3: only 30-40,000 new orders in Q4 despite pulling demand forward due to the tax credit expiring. They have finished the American backlog and European homologation was bungled to the point that they won't be able to sell anything there before Q1 finishes.

Q1 is going to be a bloodbath. Even Elon in his latest memo said something like 'with a huge amount of hard work and luck we might be able to break even in Q1'. This is from the most optimistic (or most fraudulent, depending on your viewpoint) guy in the world who previously claimed that investors should have 'no concern at all that Tesla would fail to produce 10,000 M3/week by the end of 2018'.

Keep in mind that even if Tesla were able to maintain $300m a quarter, at a generous auto P/E of 10 that equates to a $12 billion valuation and a share price of $50. So the market is pricing in 6x growth, only Tesla has already maxed out the Fremont plant and cannot possibly grow at all without Shanghai, which won't be ready for another year even on Tesla's literally-always-wrong timeline. Rising interest rates/QT and the end of the business cycle also do not bode well for Tesla's long term survival.

If you have channel traded Tesla in the past successfully, more power to you. It's been a great trade. Just keep in mind that's inherently a short vol strategy and those have a way of blowing up spectacularly. If Tesla ever breaks $230 or so to the downside it will likely fall a long way.

[Irulan]

The Alliance accidentally created the Reavers by trying to use chemicals to pacify the entire population. Everyone knows that.