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Bullboard - Stock Discussion Forum Invesco QQQ Trust, Series 1 QQQ

The investment seeks investment results that generally correspond to the price and yield performance of the NASDAQ100 Index. To maintain the correspondence between the composition and weights of the securities in the trust (the securities) and the stocks in the NASDAQ-100 Index, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative... see more

NDAQ:QQQ - Post Discussion

Invesco QQQ Trust, Series 1 > goldwoman morgan stinky b of fraud bring you CIRCUS!!!!
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Post by exprohibition18 on Nov 24, 2020 9:09am

goldwoman morgan stinky b of fraud bring you CIRCUS!!!!

It seems fitting that Elon Musk has become the second richest person in the world during the month we have written about:

  • a major Chinese recall over Model S and Model X suspensions falling apart 

  • 159,000 Tesla vehicles that can likely expect their infotainment systems to die at some point soon

  • the Model X having an "exploit" that allows you to clone its key and steal it for "about $300 in equipment"

  • a Tesla wreck that launched scalding hot battery parts into the homes of innocent bystanders

  • Jay Clayton preparing to step down from the SEC

And that's just this month.

Did we mention that Musk was also accused of having committed securities fraud? And that there's vaguely odd options buying and accounting practices that appear to be driving his company's value - and his net worth - higher at the same time?

But we digress. We guess, with all those things out of the way, we can congratulate Musk, who is now second only on the rich list to Jeff Bezos after passing Bill Gates, who Musk called a "knucklehead" back in September. 

Musk's wealth now stands at $127.9 billion after adding $100.3 billion to his net worth in just this year alone. 

 

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