Analyst on TV talking about a law firm he knows firing paralegals and lawyers for AI.
Umm, so these degrees I collected are soon going to be worth as much as Charmin TP. Let's hope my OPEN yolo works out.
I did what actual people that read can do and looked into the company's financials. It was, and as of now, still looks like a wet dog shit.
They dumped over 35% of their inventory last quarter for a 23% gross profit increase, and almost all of that cash is restricted. A good chunk of their inventory (30+%) is sitting stale, which means they're probably shit houses they're gonna lose money on.
The *only thing* that gives me faith in this company now going somewhere is Rabois coming back. He's a Silicon Valley VC OG; Stanford Law, Founder's Fund, Kholsa. His husband is the undersecretary for economic growth. Insane amounts of tech money and influence are going to float this turd.
https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase imagine a too big to fail mega banking donor consistently being so corrupt and incompetent that they have been paying out penalties on average of about once per month for the last 2-3 decades
https://subsidytracker.goodjobsfirst.org/parent/jpmorgan-chase and still has been given multitudes of trillions of dollars in tax subsidies when accounting for current day inflation to artificially stay afloat (a zombie corporation with more subsidies than any corporation in human history)
Not that taxes are actually paying for anything since everything is paid for with unsustainable and perpetual debt, not taxation. We have been in deficit spending since 2001 and the government can no longer function without a deficit. The spending budget doesn’t even truly exist anymore. But still… it’s the sentiment. www.wtfhappenedin1971.com
That said, JPMorgan can do whatever it wants. JPM is above the law. They can do whatever they want via their 0% fractional reserve scheme to solidify their privatized-gains/socialized-losses business model because they know they cannot lose. JPM essentially owns you and I.
Benefits of being the largest bank in the US, the largest lobbyist in the banking industry and the largest member of The Fed.
People repeating this shit man I said yesterday, PLTR besides their software being used by law enforcement doesn’t do any fucking thing in solving these cases, it takes leg work
Some facts about Keith Rabois, the co-founder of Opendoor that just came back to the board yesterday:
- OG PayPal mafioso. Worked on the Stanford Review with David Sachs (current US crypto & AI Czar) and Peter Thiel (shadow mastermind of the US)
- Also affiliated via Harvard Law with Alex Karp (CEO of Palantir) and Keith Howery (co-founder of Founders Fund and current US Ambassador to Denmark)
- His husband (wedding officiated by OpenAI's Sam Altman) is the current Undersecretary of State for Economic Growth, and the two of them were some of 🥭's top donors for his re-election campaign
OPEN's gonna pop not because it deserves it, but because the powers that be will it. Do NOT sit on puts.
My wife and mother in law are balls deep in Chewy orders. If they’d have spent their $$$ on shares in lieu of product, they’d be majority owners at this point. I’m definitely long with shares and CSP
Ya because murdering someone for words they say is the same as people choosing to break a law. Actually the dumbest comment I’ll read all day. Probably