RE:DOG & PONY SHOWTesla is up 10%, WOW!
How can that happen with such a huge market cap?
Bubble = ... = thanks to, Greenspan, Benanke, Yellen and Powell!
The bubble is everwhere, stocks are doubling and tripling before our eyes. It's mesmerizing, mind-boggling . . .
But our dog and pony show is being evaluated by the rational minds of long termers, having been burned for so long. Our hope and prayer is still alive. This week, Exxon has inadvertently thrown us a life line to stay in the game. But can you teach old dogs new tricks?
15 million dollars for a mega wharf? This is the reason Vickram Pandit was outsmarted by Wells Fergo for Wachovia over a weekend in 2008. Man, that was funny to see! Can you imagine, Sheila Bair offered Wachovia to Pandit of City Bank, and he Pandit, wanted the weekend to handle "details". Wells Fargo took over Wachovia that very weekend, while Pandit diddled!
So here we are, with the wharf, albeit, on a minute scale. But nonetheless, Nimbleness and Agility is the call of the day, with Exxon's open call for a Large Wharf Land Based Reasource to handle their megaprojects off shore in Guyana.
Why do heads of companies get to enjoy the fat and benefits?