The vast majority of you plebs lost coin during today’s session. With humor, you tried over and over to buy dips in ZM and got BTFO as a result. While you attempted to buy money sinkholes, Le Fly was actively repositioning into the new new trend: value.
Gone are the days of degenerate Trumpism — fake news and fake tits. In with iced cream cones, German shepherds, and appled pie. By appled pie, I mean PE ratios and slow as molasses dripping off your counter growth. I now view high growth as disgusting and only prefer dividend growers and companies that pack my grocery store with canned goods.
Eat your peas America and embrace the new paradigm, else fall victim to a most heinous rotation out of momentum. This is the 1st inning of this trade. You have been warned.
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Yurp
This will last one day!
He has not stopped hustling for “campaign donations” after election day because he can’t afford to. He already confessed that he’s at least hundreds of millions in debt.
“hundred of millions in debt” is a meaningless statement unless you put it into context. what is the value of the collateral securing the debt? how much cash flow is generated from the properties that secure the debt? collateral coverge could be 5x and debt service 5x.
There is no collateral. He is personally responsible for the debt and how he finds the money to repay it is up to him. If he can’t he will have to declare personal bankruptcy.
He will probably take Deutche Bank to court claiming something about the contract invalidates it so he will be able to hang on to his plane and his apartment until his death, but his family will be left with nothing.
All assuming he can find a lawyer willing to work with him that is.
fintwit gonna be like: imagine buying any stock that doesn’t have 25+ years of div growth
Like oil drillers and producers.
Mergers going on among the survivors.
There is a fracking etf (Frak) but volume is nil ( forget what Biden says or doesn’t say- mergers will continue).
Look at XSE and XOP etfs for drillers and producers.
Ment XES etf.
Sometimes you’re the fly… sometimes you’re the fan blade…
Fly without a clue yet again. Bet you can’t wait for 2020 to end.