rubberpucky

[rubberpucky @rubberpucky]

@realgerhardtvdm He was poisoned, end of story.

[End Wokeness @EndWokeness]

8 years ago, Senegal announced plans for a $6 billion Wakanda mega-city to show off African ingenuity

Project plans vs final result:

[Bull Theory @BullTheoryio]

🚨 MICHAEL BURRY SAYS THE BIGGEST DEMAND FOR US STOCKS JUST VANISHED.

US equity net issuance turned positive again, the first time since 2021.

Companies are now issuing more new shares than they're buying back.

For most of the last 20 years, buybacks were quietly shrinking the total supply of stock, pushing prices up on their own, regardless of earnings.

The last time this flipped positive was 2021, right before the 2022 crash.

Buybacks have been the largest source of demand for US stocks for two decades. That demand is now vanishing.

[DNP Sports @notthefakeDNP]

Jemele Hill: I hate white people! They’re always appropriating our culture!

*Has blonde hair.

[Watcher.Guru @WatcherGuru]

JUST IN: Robinhood says US users will soon be able to use AI agents to trade crypto.

[West Coast Wizard @realaxeIvasa1]

One of Professor Francis Boyle's last interviews before being found dead.

He called the COVID shots 'franken-shot' Bioweapons.

He called out Bill Gates as a depopulation Eugenicist.

[Wall Street Apes @WallStreetApes]

The CEO of StubHub exposed in SEC documents to own a hedge fund thats scalping millions of tickets on StubHub making a fortune

Everything is a scam

“StubHub bills itself as an online marketplace for fans where they can buy and sell tickets, but it turns out that StubHub CEO himself also has a hedge fund that is scalping millions of dollars worth of its own tickets”

“The company went public on the New York Stock Exchange last fall. They had to file documents to the Securities and Exchange Commission, and in those SEC filings, we find some interesting information. The CEO, Eric Baker, actually owns and manages a hedge fund by the name of Andro Capital.

Its business: selling millions of dollars worth of tickets on StubHub — So essentially, StubHub and its CEO are in the business of mass scalping”

Here’s a step by step of how the scam works

- StubHub CEO’s Andro Capital buys large numbers of tickets, sometimes in bulk from primary sellers, other brokers and events

- They then list and sell those same tickets on StubHub at much higher prices

- When fans buy the tickets, Andro makes a profit on the price difference, this is the scalping markup

- StubHub helps them by handling the listing, pricing and delivery of the tickets, sometimes with special arrangements or lower fees for Andro

The result is millions of dollars in ticket sales flow through Andro on StubHub, and the profits go back to the hedge fund that StubHub CEO Baker owns and manages

It means with his big money and influence he can move in early, gets the tickets for events, then mark them and rob everyone blind

[Eric Spracklen 🇺🇸 @EricSpracklen]

Lindsey Graham dies and Fox News immediately rushes to get a Netanyahu interview.

Tells you everything you need to know.

[Jeff Putnam |✍ @TheJeffPutnam]

Since Flock loves to track our locations, it only seems fair that we know theirs.

Flock Safety's new GA plant is located at 1885 Mitchell Rd, Smyrna, GA 30082

Flock went to great lengths to keep that address hidden.

That probably means it should be public info.

[The Christian Nationalist Party @the_christnats]

New trend in Europe: "STOP IMMIGRATION"

[Cassandra Unchained @michaeljburry]

Companies are issuing shares more, buying back less.

[Shibetoshi Nakamoto @BillyM2k]

immediately after making this post

[Shadow of Ezra @ShadowofEzra]

New photos obtained by TMZ show Lindsey Graham being loaded into an ambulance in the final moments of his life.

The FBI is investigating his death as speculation grows that he may have been poisoned by either Iran or Russia.

[Darth Powell @VladTheInflator]

This is stolen money

That's what this represents

[HealthRanger @HealthRanger]

Worse than Flock: Axon taser drones are coming to a city near you. Right out of Minority Report and "precrime" sci-fi...

[The Rabbit Hole @TheRabbitHole]

“Nobody has the right to live their lives being protected from offense or from insults or from hurt feelings. It is an occupational hazard of living in society.”

— Ann Widdecombe

[Peter St Onge, Ph.D. @profstonge]

Mexicans march to deport illegals from Central America.

No country wants crap migrants -- including countries who call the US racist for deporting their crap migrants.

[West Coast Wizard @realaxeIvasa1]

THE ELITES WON'T TELL YOU THIS—but the science is clear.

The University of Nebraska just proved raising MORE COWS & eating MORE BEEF saves the planet.

Cows are carbon negative—they produce more oxygen than the methane & carbon they emit.

[George Noble @gnoble79]

The largest IPO in history is also shaping up to be the largest exit liquidity operation in history

SpaceX went public at more than 90x revenue, and the insiders who bought in at a fraction of today's price are about to start selling their shares to you.

Let me walk you through why this IPO is built to separate retail investors from their money:

SpaceX has NEVER turned a profit and lost close to $5 billion last year.

At the offering you were paying more than 90x revenue and at the peak the market briefly valued it near 140x.

30 years ago the head of Sun Microsystems explained in detail why paying even 10x revenue almost always ends in tears, and he was right.

But listen closely, because the valuation is not even the real story.

The scarcity is what CREATED this valuation in the first place, and the calendar that kills the scarcity is what kills the price.

Less than 5% of SpaceX shares were actually available to trade at the IPO. Then the index committees REWROTE their own rules to fast track the stock into the Nasdaq 100 just 15 trading days after listing, which forced every passive fund and index ETF in the country to buy at the exact moment the float was at its tightest. The Nasdaq inclusion alone forced an estimated $4.3 billion of buying, and the Russell reweighting added roughly $3 billion more.

The supply was minuscule and the buying was mandatory. That's a manufactured squeeze, and it is why the stock went above $225 in its first week.

Now watch what happens next, because this is the part they ain't explaining to you:

The lockup was staggered on purpose, and the entire schedule is sitting in the prospectus for anyone who bothers to read it.

In early August, right after Q2 earnings, 20% of the locked shares come free. Another 10% unlocks early if the stock trades 30% above the $135 IPO price going into the report.

Then tranches of 7% hit the market at 70, 90, 105, 120 and 135 days after the IPO, which means fresh insider supply lands roughly every 2 to 3 weeks from late August through late October.

Q3 earnings triggers the single biggest release of all, another 28%, roughly 1.3 billion shares. On December 8 the 180 day lockup expires entirely. And on June 12, 2027 comes the final wave, when Musk's own 6.4 billion shares, 42% of the whole company, become sellable for the first time.

Add it all up and insiders could be free to sell as much as 44% of the company by early September, which would balloon the tradable float by roughly 900%.

All of that supply lands on a stock the company deliberately packed with retail, because SpaceX reserved close to 30% of the offering for individual investors vs the usual 10%.

This deal created over 4,400 paper millionaires inside the company. You think none of them are looking to cash out?

Early holders are already loading up on puts to lock in what they have.

First they keep the float tiny. Then they let the index rules force the world to buy at the top. Then they release a flood of insider stock into a crowd of retail buyers who were handed the shares up high.

When the price finally breaks the offering level, the people who got in years ago at pennies on today's dollar will hit the bid, and the exit liquidity is your retirement account.

And what are you actually left holding? Strip away the science fiction and the only business inside SpaceX that reliably earns money is Starlink, which produced $1.2 billion of operating income last quarter. A wonderful business worth hundreds of billions on its best day. NOT $2 trillion.

Serious fair value work lands around $30 a share.

Nobody has been a bigger bear on this deal than me. I called it out the moment it started trading, and it is already playing out on schedule as the shares have given back the entire squeeze and slipped below their opening print.

I was Peter Lynch's auto analyst back in 1981 and I have watched every disaster since, and I am telling you this is one of the great wealth transfers of my lifetime packed into a fancy narrative.

Tesla was the biggest misallocation of capital in the history of stock markets. SpaceX may have just surpassed it.

SPCX goes straight onto my short list, and the beauty of this setup is that the catalyst is not a guess or something, it is literally a PUBLISHED CALENDAR.

This is the most grossly overpriced stock at scale that I have ever seen.

[Chris Martenson @chrismartenson]

Pro tip from a friend with bison: if the tail starts wagging vigorously, trouble is on the way. When the tail goes straight up, it's too late, trouble has arrived. Watch the tail.