- cross-posted to:
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- cross-posted to:
- [email protected]
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… How in the hell do you get the shit from eating lettuce?
Yeah that’s whats bothering me here. Is your diet entirely composed of carbs and protein? Is it the 1st time you have eaten lettuce? How did you survive so long?
Edit: I have been informed it is due to a parasite and unregulated food standard. Not a diet thing
The post is referencing the current cyclospora outbreak in the US, where lettuce is the source of a parasite causing diarrhea.
You know how the US is having an explosive diarrhoea outbreak because they stopped enforcing food standards and now all their produce is contaminated with cyclospora? Apparently Taco Bell’s lettuce is covered in it.
I’m gonna guess you’re not up to speed on US viruses, linked to Taylor Farms lettuce.
It’s a parasite dude, it has nothing to do with the food it’s found on
What I struggle is why people believed this was a good way to make money and then changed their minds this bad. Was there any significant news in between?
Declines in stock price are very common after IPOs, to the point that post-IPO stocks are considered a bad investment until the company can establish a sustainable trend of profitability and growth.
What happens with IPOs is this: a lack of market common knowledge of what the value of a company should be gets combined with the IPO price set by the company and their advisors (usually a big investment bank such as Goldman Sachs). Just before the stock begins trading, you can think of all investors as being divided into 2 groups:
- People who are really hyped about the company and think the stock price will go up from the IPO price
- Everyone else, who are more skeptical and think the stock price will go down
When the stock actually begins trading, the group 1 people often tend to discover that group 2 is a lot bigger than they are, and there are not many buyers for the high priced post-IPO stock. They are then forced to cut their losses and sell before they lose even more money. This process can result in the stock changing hands quite rapidly until it finally settles to a true market price (what it’s actually worth). This also has the effect of communicating information about the true price of the stock to everyone involved: the hyped people get whacked in the face with reality, and the skeptical people learn that the company does have some value (usually anyway, there have been exceptions).
It’s a part of many people’s 401ks after it IPO’d and some rule bending.
It’s also not so secretly an Ai company now in an insane Ai bubble.
My guess is, they knew they were joining Elon’s scam, they just thought they were too smart to be victims. They would cash out when the real victims come… But their “victims” turned out too smart to join the scam.
I think you’re missing the point of what the stock and futures markets have become since Trump came back. They’re as much making money on the way down as they are making on the way up. Essentially everything has become glorified betting and NFT markets.
The real economy underneath now matters only for very large fundamental moves. This is just pump ‘n dump.
Lots of people are massive idiots. Quite a few people bought SPCX because they wanted to make a quick buck off of those idiots.
Also, the AI bubble is in the middle of popping, and 99.4 of the value of SPCX is in future AI nonsense while the other 0.6% is in actual space related things.
Recently, they failed to launch their new rocket because several engines failed in testing.
SpaceX had a lot of investors looking to cash out post IPO. Try may have been prevented from cashing out during the IPO, but are now free to dump the stock.
They brought the stock because they thought they could sell it for more in a short while.
The next step in that plan was always selling it. Turns out they thought wrong.
(But more precisely on this case, some index funds were buying it with people’s retirement money because they were required to. As soon as they all brought it, there were none any more to buy.)
