The price of Bitcoin as measured in USD has gone up dramatically today as it was announced in Tesla's (TSLA) SEC 10-K filing that the company purchased $1.5 billion worth of Bitcoin. Even better? The company announced that it expects to begin accepting payment for its electric vehicles in Bitcoin in the future. Per the announcement in the filing: In January 2021, we updated … [Read more...] about Yes, Tesla Did Just Buy $1.5 Billion of Bitcoin
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Any Talk of Fundamentals on $GME is Silly
The financial world remains largely abuzz over the ongoing furor surrounding Gamestop's stock (ticker: GME), online brokers like Robinhood, and the hedge funds that may have just made a huge mistake in shorting a favorite "meme stock." There's no dearth of analysis related to the market goings-on, certainly, and these are presented both from broad, human-interest angles to very … [Read more...] about Any Talk of Fundamentals on $GME is Silly
Gamestop (GME) Story Wild…and Getting Wilder
In an esoteric corner of the Internet, where a seemingly diverse group of "amateur" equities and options traders talk shop, present their favorite stock theses, and more than occasionally throw out language that would most definitely not be considered politically correct by any standard, there is a revolution afoot. Or so it seems. Such is the day-to-day on the subreddit dubbed … [Read more...] about Gamestop (GME) Story Wild…and Getting Wilder
