Looking for an angle on the SpaceX $SPCX IPO?
Check out Starlink's payments processor, Shift4 Payments.
No matter how you slice it,
$FOUR's valuation is getting hard to ignore...
0.7 | P/S
30 | P/E
1.8 | P/B
12 | P/FCF
10 | EV/AdjEBITDA
2.5 | Debt/Equity
4.8 | Debt/AdjEBITDA
The entire game is doing the literal opposite of Wall Street. They upgrade at the top, you sell. They downgrade at the bottom, you buy. They issue a $200 price target, the stock peaks that week. They cut the target to $11, that's the bottom. They tell you to overweight tech, rotate to energy. They tell you bonds are dead, buy bonds. They publish a 90-page report explaining why a sector is uninvestable, that's your shopping list. The sell side gets paid to be loud and consensus. You get paid to be quiet and wrong-looking. Every multi-bagger in your lifetime was rated Hold by the same desk that's now begging you to own it at 10x the price.
@KaiWedekind@flackos_gang My bet is so those that got in on twitter deal can exit. They saved his ass, he’s repaying. Bonus is LT SpaceX employees who bitched about illiquid shares also can cash out.
Modern history frames the American Founders' hypocrisy on slavery as the ultimate proof that their ideals were a lie. But Coleman Hughes argues the exact opposite. Writing "all men are created equal" while owning slaves wasn't America's fatal flaw.
To be a hypocrite, you first have to state a moral standard.
Most historical empires avoided this problem entirely. Hughes notes that Ottoman sultans could simply point to texts legalizing slavery. No clash of values meant no internal pressure to change.
America put itself in a moral corner. By putting equality on paper, the Founders gave abolitionists a weapon. They created a cognitive dissonance that eventually forced a resolution.
This defines the current debate over American history.
The 1619 Project looks at the founding hypocrisy and declares the system structurally condemned.
Martin Luther King Jr. looked at the exact same hypocrisy and saw a promissory note waiting to be cashed.
You cannot hold a society accountable to a standard that does not exist. The founding ideals did not excuse the system. They gave future generations the exact leverage needed to break it.
Source: @JTLonsdale@coldxman
@tembelvitesi Also, unscientific evidence also suggests that shorts are fucking with X algo to suppress $four info sharing. Anyone else try to search $FOUR and only see all these scam bot posts?!? No relevant posts about shift four, buried underneath the spam.
Chequing account. Millionaire promo in your face. Interest accrued in your face. Tiles with new promos changes constantly and weaved in your face. Not for everyone. Wish you could customize the tiles displayed, like widgets on an iPhone. Ditto on home tab. I like the present box in top right corner, wish it housed all Wealthsimple news and promo stuff. When it has a red dot and juggles I check it out like Pavlov’s dog. That’s fun. Investment tab more clean but would still like option to organize and customize tiles like widgets on iPhone. Also logging out requires three clicks. Feels suspicious. Change to two, it’s cleaner. Thanks for reaching out.
@Nick_Decap Over the last 20 years 1/3 of the population was replaced low quality welfare immigrants who don’t know shit while the government elites rob citizens blindly. It doesn’t have to be this way.
The ice cream man I grew up with just passed away.
He was 78 years old and he was the only ice cream man in the area my entire life.
He must have received the city’s only ice cream man permit and milked that permit for 30 years. Had the marketed locked up.
He even served my daughter her first ice cream truck experience at 2 years old.
This is weird to say, but I feel like a part of my childhood died alongside his passing and I feel like more of an adult now knowing he won’t be visiting our neighborhood this year.
I haven’t seen him since last summer, but during our last interaction, he told me that he put both of his kids through college with his ice cream business.
He was a kind person and he gave thousands of kids great memories during the summer months.
RIP to The Ice Cream Man. 🍦
@Boris_Jordan lol, the fact you have to explain this shows the level of retards in this space. Time to gentrify the cannabis investors, uplisting can't come soon enough
@Vol888 You’re right he’s never explicitly said anything about merging them. Nor has he explicit denied it. He’s only expressed a view about convergence. Dancing leads to sex, if you’re doing it right. 💃 🕺