Another red flag post. I was hoping to compile a list here of stocks that have used (or continue to use) investors emotions and moral compass as a way to pitch growth or attract new investors. This post isn't meant to bash other peoples picks but rather help people here see trends that may help them in their future endeavors.
As a disclaimer I just want to say that a lot of companies, hell all companies tend to be even a little emotionally manipulative in the sense that every earnings call is usually twisted into a positive (regardless of the actual numbers). So without further a do, here's my list:
- PLTR: Earnings right after the Russia invasion, CEO Alex Karp went on a massive tangent about Palantir as a company and it's role in a new geopolitically tense world. While his statements may or may not necessarily be true, it looks like he really went all the way in with his Broadway performance considering the stock price was cratering beyond belief at the time amid criticism from excessive SBC and dilution.
- Gee-Ehm-Eee: Please hear me out on this one. I am not disregarding the growth story plan management has (although I disagree with it). What I wanted to focus on was the retail chain's apparent pivot into becoming a securities exchange. A major thesis among holders is that DRS is the way and that the stock market as is screws over retail investors. I don't doubt that this isn't true. But acting like this company is somehow the vanguard for retail investor rights is ridiculous considering that they exist solely to make money.
- ARKK: This one is low hanging fruit now but I've always been incredibly put off by Cathie and her ability to woo new investors. Her formula involves pumping TAM to dumb as shit numbers and banking on people who don't know any better to FOMO in (who wouldn't want to miss the next “guarenteed” 20-30 bagger am I right?)
Anyways again this isn't meant to be a malicious post just something to talk about while we wait for the new data to come in the next few weeks.
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