Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
Warning: Trying to access array offset on value of type bool in
/var/www/adventuresincapitalism.com/wp-content/themes/betheme/functions/theme-functions.php on line
1449
June 30, 2022
Published by Kuppy at June 30, 2022
During the great Ponzi Bubble of 2020 and 2021, many devout value investors, went over to the dark side. When cheap stocks refused to revalue, they saw Ponzis ramping and decided to participate. Why did they stray? It’s hard to say. Some simply wanted to make money. Others, feared for their firms if they didn’t play along—redemptions can be vicious. Maybe a few even
Read MorePositions Mentioned: Ponzi Schemes
September 23, 2020
Published by Kuppy at September 23, 2020
I’ve been spending more and more of my time on Event-Driven (ED) trading strategies because I see the most opportunity there. I’ve already spoken about how SPACs often diverge from their own warrants—mainly because the Robinhood platform doesn’t allow its clients to play along in the warrants. Back in June, I played this fact very profitably in Nikola Motors (NKLA – USA) where the
Read MorePositions Mentioned: SHLL
October 25, 2019
Published by Kuppy at October 25, 2019
Let me cut to the chase; I won a few along the way, but Elon Musk clearly won this most recent battle. Earlier this week, Musk stared at revenue comping negative, collapsing ASPs, and abysmal margins. He had his Draghi moment where he determined that he’d do “whatever it takes.” The alternative was to let investors blast Tesla (TSLA – USA) and face a
Read MorePositions Mentioned: TSLAQ
June 25, 2019
Published by Kuppy at June 25, 2019
Given the amount of time I’ve spent talking about Tesla (TSLAQ – USA) on this site, I’d be remiss if I didn’t point out that I materially changed my position over the past few days. Back in October of 2018, I felt that shorts were pressing their bets a bit too hard and noted that, “…All evidence seems to show that they’ve used every
Read MorePositions Mentioned: TSLAQ
May 13, 2019
Published by Kuppy at May 13, 2019
I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be manipulated like Tesla (TSLA – USA) or stayed private
Read MorePositions Mentioned: TSLA
March 3, 2019
Published by Kuppy at March 3, 2019
For Part I Click Here This may surprise people, but accounting isn’t a black and white endeavor—there’s actually a lot of gray area—particularly when you deal with accruals and estimates for future events. This is the reason that two very similar companies can report very different short-term results. What is the useful life of equipment from a depreciation standpoint? What is the eventual cost
Read MorePositions Mentioned: TSLA, TSLAQ
March 1, 2019
Published by Kuppy at March 1, 2019
All Ponzi schemes follow a basic rule; as long as more money is coming in than out, the scheme can continue to inflate. When money stops flowing in, the scheme collapses—often quite rapidly. I believe that Tesla (TSLAQ – USA) is near the final stages of this arc. Excluding stock option exercises, cash is no longer inbound; meanwhile Tesla can no longer use financial
Read MorePositions Mentioned: TSLAQ
January 3, 2019
Published by Kuppy at January 3, 2019
Near the culmination of all great stock market bubbles, at least one of that cycle’s supposed luminaries suffers an epic collapse because of fraud. As a result, fresh capital is restricted from that sector when it is needed most, leading to further crisis and a winnowing out of the sector as competitors cannot raise additional capital. Remember; suckers are always willing to finance bad
Read MorePositions Mentioned: TSLA
October 25, 2018
Published by Kuppy at October 25, 2018
On October 11, I noted that “…I have booked all of my Tesla (TSLAQ – USA) Jan 2019 250/175 put spreads after owning them for almost a year, at a reference price of $255 compared to a reference price of $320 when I first wrote about them. While I am certain that Tesla collapses in the near future, all evidence seems to show that they’ve
Read MorePositions Mentioned: TSLA
The Profitless Prosperity Sector Will Collapse…