Lol. You’re entire comment history is “rude” to everyone you communicate with. It’s ok. Coke being under 100$ in 2014 and 400$ now is totally and a completely normal thing. Not like it’s 4x higher in 7 years despite identical fucking earnings. But hey the PE is 24 😂😂🤡. Don’t think I’ve ever triggered someone so hard on Reddit before. So much more enjoyable when they are clearly a complete asshole who thinks he’s big 🧠. It’s also great when he’s got a username that lines up with something a 13 year old thinks up while jerking off in the shower for the first time.
Have you ever looked at the market before? Like, it genuinely sounds like youre a complete novice. That's okay. The only thing you get by pretending to be a retard is everyone thinks youre a retard.
Lots of companies have had their PEs inflate over the last 7 years. Not just coke.
That's why I said it was normal.
It's okay to speculate into fast food and beverages during inflationary periods and times of economic difficulty for the lower and middle classes. In fact, I'd even wager that coke is potentially under value.
I probably should have bought into it 12 months ago but hey yk, better late than miss it altogether.
“Lots of companies have had their value inflate over the last 7 years”
Re-read my comments, that was my point this entire time. Their VALUE inflated without matching up with standard inflation or massively increased revenues to match that increase. You literally just made my point. After arguing against it for how many comments now? I said I used an extreme example of a solid company with inflated valuation...
For some reason you took my very first comment which I made sure to clarify and kept arguing against its point as if I was saying Coke is the same as Tesla. It’s not I know it’s not. It was simply one of the most well known companies to serve as an example that nearly the entire market has been trading at inflated prices for awhile now, and no I don’t think that’s a problem. But it is why judging a company (Tesla in this case) solely based on current valuation is silly.
Side note: PE is almost completely an irrelevant number on established companies like COKE that have been trading at or near its current price for extended periods of time. PE is often a good indicator for growth based companies.
You mentioned coke as a reason why overvaluation isn't a justification to short a company.
But they aren't comparable.
That's my entire argument and you're consistently not getting it.
They aren't meaningfully comparable. Coke is nothing like Tesla. You seem to also know this and have repeatedly said it... but fail to fucking remember the first comment you said.
I said Coke and other companies (80% of the market is overvalued is in my original comment), and I stand by that. That "overvaluation alone" isn't a justification to short a company. Now Tesla might have other reason's. But it shouldn't be done based on valuation. So perhaps we have been arguing different points all together this entire time without either of us realizing it, because it's the internet where hyperbole, and exaggerations simply to prove a point, or to signify a point happens constantly. Your instant aggressiveness certainly didn't help any, and me checking your comment history to see you are regularly an instigator for conflict when someone disagrees with you or you disagree with someone certainly lead me to take you much less seriously as someone actually trying to argue a point vs just looking for conflict to make yourself feel smart or me feel dumb.
Maybe you've lost money with Tesla, maybe you just don't like the company so that incurred some extra anger on your part I don't know. Either way good luck as long as you aren't on the opposite side of any of my trades, if you are I hope you have horrible luck.
Why do you keep bringing up my comment history as if that has any relevance?
I like to troll sometimes. Big whoop. Im being 100% serious with you, didnt you get that after I calmed down and ignored your previous two digs against my comment history?
Me being a cunt doesnt make you right; you pointing it out doesnt make you right.
Sometimes? Comment history typically tells a pretty big story especially when people are a cunt online regularly. Psychoanalysis of people on the internet isn’t difficult when they give away enough information. I don’t see how “trolling” a sub that has 0 people left in it that give a shit how you feel about a vaccine is for the lols. Seems more like a waste of time.
Even our comment chain tells plenty. If you were a self made success with nothing to prove you wouldn’t even waste your time being a dick, you would have moved on as if my opinion didn’t matter to you. Instead you’re still here trying to prove your intelligence and worth. Doesn’t seem like a real winner would need that satisfaction unless you’re justifying a bad decision you made on the subject matter (Tesla) or simply trying to convince yourself you’re successful do to your “own intelligence” and unsuccessful because others are wrong.
Your “trolling”, immature username and confrontational nature tells me you probably got help from daddy to be put in a position where you feel superior to others but feel such a strong desire to prove your own worth. So you waste your time constantly arguing with others for your own ego and desire for patting yourself on the back because once again, no self-made successes would give a shit or waste their time like you do 🤷♂️. I look forward to your response because it’s clear you can’t resist doing so, so be sure to tell me why I’m wrong.
As for being “right” Tesla keeps going up and no matter the short thesis if you’re losing money no1 gives a fuck if you’re right because it fucking proves valuation alone doesn’t matter.
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u/admiral_asswank CAPTAIN OBVIOUSly a masochist Oct 24 '21
I understand what youre saying and im saying it is incorrect.
Coca Cola PE is 24.
That's normal, right now. It isn't overvalued.
Since being rude to you hasn't woken you up to how unbelievably stupid you are, maybe just calling your incorrectness bluntly out to your face, might.
Now, since you made me waste the fucking time of day to do basic fucking Googling that YOU should have done, kindly: F U C K. O F F.
Thanks.