Go Woke, Go Broke???

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  • KLB

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    "First a dip in market cap is meaningless," Cuban said. "You have to realize that there aren’t many individual owners of stocks — almost all ownership is via funds, and most trading is quantitative. So, it’s not like the drop is because tens of thousands of individual holders sold their stocks."
    That actually seems worse. That means those funds see it as a bad move and are bailing on the company because of it.
     

    Ingomike

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    That actually seems worse. That means those funds see it as a bad move and are bailing on the company because of it.

    Maybe. It also could be a function of automatic sales if certain stock parameters are met without human intervention. Not all institutions are woke, but the biggest are. Some still perform as fiduciaries as they should…
     

    DadSmith

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    DadSmith

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    Ingomike

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    Easy to say when you are worth $400 million…
     

    DadSmith

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    wtburnette

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    I watched a TimCast episode about that and it's sickening. They call out right wing extremists and call them terrorists when it's obviously Left Wing cult members calling in the threats... :rolleyes:
     

    wtburnette

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    KittySlayer

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    I'm sure a decade or so from now Business 101 classes will be using these morons as case studies for what not to do when running a business... :rolleyes:
    And the Finance 101 class should cover the question:

    Should I incur a $100k of student loans every year of college for a Liberal Arts degree that will never allow me to earn more than $75k of salary per year?
     

    DadSmith

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    wtburnette

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    The video headline at the end of the article was misleading. It was titled Disney can't stop the damage. That's untrue. They choose not to. Very different things. The only way Disney gets back to where it was is by stopping the woke garbage. Their customers have spoken and they want Disney to go back to being kid's programming and not pushing Left wing lunacy.
     
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