Recent comments in /f/wallstreetbets

Potential_Project_48 t1_ja9tz7p wrote

The issue I have with that, is how the market has been rallying since the October lows where the fed has raised over 100bps since then, and earnings are worse now than when they were in Q3. Market is not acting rational, and I don't expect it to until a recession smacks it in the face.

1

Granter t1_ja9sz4n wrote

didn't they have a major recall late 3rd qtr last year?

It was a small node in the steering wheel or something I think, had a fire risk...

That alone could BK them. but I dunno, EV's are wierd, Fisker went up 30% today on huge misses, losses, and negative revenue just by telling everyone they think they will be profitable this year

1