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RE: Hulu - Another Of Wall Street's Overvalued, Worthless Money-Bonfires (See: Netflix, Tesla)

in #investing6 years ago

Great analytic piece, I must say this, if you have the right salesmen on the team, it does not matter the product or its profitability... The salesmen only need to create that positive sentiment and excitement and money would be coming in.... Elon Musk gets any crowd going at the end of the day, you believe that the Tesla vehicle can take off from Earth and land you on Mars...For Goldman, the institution strives in uncertainty and volatility, these are good days....

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I'm continually impressed at the Street's ability to sell stocks for companies that don't now and have never made any money.

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