While I appreciate the service Dropbox provides, it’s a wild piece of shit high tiered valuation boondoggle that is bound to ruin shareholders for at least 2 years, a la Shake Shack. Underwriters, led by Goldman, stole from people by IPOing it at 11x sales.
The company is now trading with an ~$12b market cap, with just $1.1b in annual sales. Moreover, they’re only growing at 31% per annum.
Enter PSTG, another MUH cloud storage play, catering on an enterprise scale. She’s trading at just 4x sales, sporting annual growth of ~40%.
How about we meet halfway, at say 7x sales? Works for me.
In terms of the tech sector, here is the OB/OS oscillator in Exodus for tech. As you can see, we’re nowhere close to overbought. Feel free to keep buying.
People also realizing Elon’s shit actually does stink.
You think Raul3 can smell Elon’s shit yet?
https://tinyurl.com/y9smfpx4
I can see why Elos Musk wants to leave the planet. Also it would seem the rest of humanity has not caught up with him yet. Give me a tesla. Ill take a 8 dollar fill up with a car that will last me an enternity besides a 16 year battery replacement and some new tires.
Long Tesla technology, short Tesla stock.
A kid grows up in South Africa, determines that it is prudent for man to change his risk profile by settling additional planets, and then starts launching heavy-lift rockets into space …instead of just talking about what SOMEONE otta do.
I’m with Raul on this one.
I am a dreamer too. But I dont have the skills to hoodwink taxpayers into funding them. It’s one thing to waste funds of private investors who share the same dream, it’s a another thing when funds of those who do not share that dream, let’s call them dumb taxpayers of which I am one, are wasted.
I thought we weren’t going YOLO today and instead just chill and ate some sandwich meats (not Arbys).
Musk must find a new place for his South African people in live. Off planet, Cuz they can’t hide on earth no more.
Somebody here doesn’t like them. Europe to Africa , to fucking Mars.
Regards
Chuck Bennett
“Feel free to keep buying.”
I can’t. I maxed out all of my credit cards and went all in on XRP. Dooh!