Thursday, September 27, 2018

All Over a Company That Has No Profits

And therefore should have no value.

But, drama.


Anonymous said...

"The suit asks that Musk be barred from acting as a director or officer of any publicly traded company"

Just in case anyone thinks private citizens actually own public companies. Public companies are government owned in practice.

Tucanae Services said...

We live in a strange world where eyeball counts have more sway that the EBITDA figure at the bottom of the balance sheet.

Anonymous said...


The SEC prohibits poor people from investing and losing their hats in small-time scams like many otherwise would. As such, people don't learn fast. Most don't even manage to learn basic lessons like "profit matters" before they die. The poor stay poor and the rich get richer. Thanks Uncle Sam!

Anonymous said...

Facebook soon ?