Anonymous wrote:The most dangerous words heard on Wall Street:
“But this time it’s different”
Anonymous wrote:Anonymous wrote:Anonymous wrote:Obviously SPCX is grossly overvalued. It will certainly crash over the next year. But it is included in a lot of index funds, so many people will be exposed.
The AI bubble is gigantic. Still have OpenAI and Anthropic IPOs to get through. Founders and investment banks are going to pump. These three companies alone represent $4 trillion, and there is so much financial engineering attached to these companies.
The goal now is to unload to retail investors and bank the gains. In my opinion, the AI bubble is like 2007 leading up to 2008. It's going to be a big problem when it bursts.
Haha. Ok - keep justifying sitting on the sidelines. It’s so funny how all these people freak out about a “bubble” while the S&P 500 is up like 30-35% over the last year. Oh no we have a “crash” and it sets us back a year. What a joke.
You must be young like in 30s or early 40s.
Anonymous wrote:Anonymous wrote:Obviously SPCX is grossly overvalued. It will certainly crash over the next year. But it is included in a lot of index funds, so many people will be exposed.
The AI bubble is gigantic. Still have OpenAI and Anthropic IPOs to get through. Founders and investment banks are going to pump. These three companies alone represent $4 trillion, and there is so much financial engineering attached to these companies.
The goal now is to unload to retail investors and bank the gains. In my opinion, the AI bubble is like 2007 leading up to 2008. It's going to be a big problem when it bursts.
Haha. Ok - keep justifying sitting on the sidelines. It’s so funny how all these people freak out about a “bubble” while the S&P 500 is up like 30-35% over the last year. Oh no we have a “crash” and it sets us back a year. What a joke.
Anonymous wrote:Obviously SPCX is grossly overvalued. It will certainly crash over the next year. But it is included in a lot of index funds, so many people will be exposed.
The AI bubble is gigantic. Still have OpenAI and Anthropic IPOs to get through. Founders and investment banks are going to pump. These three companies alone represent $4 trillion, and there is so much financial engineering attached to these companies.
The goal now is to unload to retail investors and bank the gains. In my opinion, the AI bubble is like 2007 leading up to 2008. It's going to be a big problem when it bursts.
Anonymous wrote:Obviously SPCX is grossly overvalued. It will certainly crash over the next year. But it is included in a lot of index funds, so many people will be exposed.
The AI bubble is gigantic. Still have OpenAI and Anthropic IPOs to get through. Founders and investment banks are going to pump. These three companies alone represent $4 trillion, and there is so much financial engineering attached to these companies.
The goal now is to unload to retail investors and bank the gains. In my opinion, the AI bubble is like 2007 leading up to 2008. It's going to be a big problem when it bursts.
Anonymous wrote:Obviously SPCX is grossly overvalued. It will certainly crash over the next year. But it is included in a lot of index funds, so many people will be exposed.
The AI bubble is gigantic. Still have OpenAI and Anthropic IPOs to get through. Founders and investment banks are going to pump. These three companies alone represent $4 trillion, and there is so much financial engineering attached to these companies.
The goal now is to unload to retail investors and bank the gains. In my opinion, the AI bubble is like 2007 leading up to 2008. It's going to be a big problem when it bursts.
Anonymous wrote:Anonymous wrote:Shouldn't have much impact on most indexes due to a small percentage of shares being available to the public. Some funds like the S&P 500 don't initially allow an IPO into the index, as they have to show profitability over at least one or two quarters, or something like that.
Normally true but the rules for indexes were changed for SPCX.
Anonymous wrote:The other thing that drove the price up on opening day and the next few days is Nasdaq changed the rules on SpaceX requiring various index funds to stuff this stock into their funds at three times more than normal. So we all bought this stock indirectly in our 401Ks/TSP through these index funds where it can’t be sold. Genius for insiders. Not so much for the SEC.
Anonymous wrote:Anonymous wrote:Anonymous wrote:The other thing that drove the price up on opening day and the next few days is Nasdaq changed the rules on SpaceX requiring various index funds to stuff this stock into their funds at three times more than normal. So we all bought this stock indirectly in our 401Ks/TSP through these index funds where it can’t be sold. Genius for insiders. Not so much for the SEC.
Is that correct? It's not in C/I/G/F to TSP right? I think it's in S fund. Same with 401k, it's not in S&p500 yet
The monthly prospectus for the TSP funds have not been released yet but it will be in the C fund by the end of the month.
Anonymous wrote:Anonymous wrote:The other thing that drove the price up on opening day and the next few days is Nasdaq changed the rules on SpaceX requiring various index funds to stuff this stock into their funds at three times more than normal. So we all bought this stock indirectly in our 401Ks/TSP through these index funds where it can’t be sold. Genius for insiders. Not so much for the SEC.
Is that correct? It's not in C/I/G/F to TSP right? I think it's in S fund. Same with 401k, it's not in S&p500 yet
Anonymous wrote:Shouldn't have much impact on most indexes due to a small percentage of shares being available to the public. Some funds like the S&P 500 don't initially allow an IPO into the index, as they have to show profitability over at least one or two quarters, or something like that.