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See, that's what I sort of thought. Not any sort of left-wing thing. Usually calling Uber a Ponzi scheme is a way of airing a leftist grievance.
Naaaaa. They have hedge fund guys calling all kinds of business's ponzi schemes. Multi level marketing companies are targets all the time of this stuff. Herbalife was one a few years ago that got hammered by famous short seller Bill Ackman was parading on CNBC pimping his short selling of the company and calling it a huge ponzi scheme.....seriously...I view a lot of their guest are pure market manipulators.
Ahhh, gotcha. Thanks for the info. Dude used to do features for Rolling Stone and Hustler and #### and now works for them.
When I was on the buy side we always said that watching CNBC actually made you dumber. We never had it on in our offices. But it is running 24/7 over every trading floor I have ever seen.
it's on here by our trading floor, unless there's a major sporting event, or a live local one. Then we switch. Those days are the best.
HLF is essentially a ponzi scheme. It is going to get crushed eventually. But crowded shorts are a dangerous battlefield.
Agreed. I just can't stand this guy Ackman parading on CNBC like he is some saint. He is purely doing this to make money....not some public service nobel cause like he was making it out to be LMFAO.
It's called "talking your book". Many people do it, whether it is a guest on CNBC or some nimrod on Twitter.
Interestingly enough, highly shorted names do tend to underperform their peers. People who short stocks generally are pretty good at it. But when a short becomes crowded, there is also a lot more volatility and risk of a squeeze.
Yea, TSLA is def the anomaly - I feel bad for their shorts bc their thesis is spot on, yet they continued to get slaughtered.
During certain times, sure. Seems to have much more commercials though especially during breaking news/press conferences that always annoys me. Want to like it more than I do.
Bloomberg TV generally has better guests and the hosts generally ask better questions. Bloomberg News is also a very good news organization.
When you've had a Bloomberg as long as I have (12+ years now) you get so used to the interface that anything else just doesn't feel right. In that sense I agree, they've made a liability into an asset.
Yep.
The battle royal between the two of them was the last time I tuned into CNBC. Our TV remains off unless a sporting event is on we want to watch.
I was stunned when this went down......I was cracking up.
Yeah I know man.
I pretty much don't (watch Bloomberg TV) but so many of my clients unfortunately watch CNBC......oy vay man.
She is a bonifide Apple hater. She loathes that stock.....like really loathes it.
