Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

Oil going down, and S & P going up. You should be happy!

I'm always happy.

 

[BigHornRam]

I'm always happy.

Really?

 

[Big Sky Guy]

We all should just be happy they are working to fix the problems facing ordinary Americans.

For sure. Ordinary Americans always hate having to have ten 100's in their wallet. Now we can reduce that to four 250's!

 

[SAJ-99]

Really?

I don’t do stupid very well, but I have learned to walk away for that. I have created a nice little bubble.

 

[SAJ-99]

@SAJ-99 What are your current thoughts on the potential market impacts of the pending IPOs for Anthropic, SpaceX and OpenAI? Who is most likely to be impacted by the potential "Liquidity Drain" and potential fast tracking into the S&P?

Looks like a race to go public. Not a surprise given even the appetite for these names. However, I'm not sure on the timing. Why the sudden rush? Do they think that there is a limited amount of money for the IPOs in the space? Or are they worried that once a competitor has to start public reporting of data, the BS tour will come to an end?

Anthropic Files Confidentially For IPO

Anthropic said Monday that it has submitted a confidential filing for a proposed IPO, marking an escalation in the race among generative AI behemoths to make it first to the public market.

news.crunchbase.com

 

[noharleyyet]

I don’t do stupid very well, but I have learned to walk away for that. I have created a nice little bubble.

If that bubble is objectively transparent you've had at least six consecutive admins of disdain....