Reply to 2001, 2008, or 2022

Forum Index » Money and Finances

Reply to "2001, 2008, or 2022"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Apple and Tesla still need to fall a ton. There is still too much talk of bottoming out and people trying to buy the dip.  It's only when the vast majority of people have had their hopes and dreams pulverized into bone dust do we bottom out.  We aren't even at precovid levels yet, so all of the froth still hadn't been removed. Then we still gotta price in a recession. Long, long way to go down.  I still see dumb tickers like $SNOW, TSLA, etc. trading for 100+ estimated P/Es.  ARKK still exists and hasn't had to liquidate. Looooong way to drop still.  [/quote]
It is ridiculous Apple Tesla, Apple has such high profits that it’s P/E ratio is in the 20s, lol Tesla is it like 90[/quote]

Apple sells overpriced widgets. That's it.  This first thing consumers will pull back on are luxury good and discretionary spending once the economy crumbles, job losses occur, and as inflation rages out of control for essentials like food/fuel/housing.  Despite Apple's cash flow, they will be sensitive to economic downturns.  Apple is $2T+ widget/gadget seller. Big whoop.  It's when your generals start falling do you really bottom out.  Apple can fall a loooooong way when a recession comes combined with high inflation slamming consumers' disposable income.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics