[ExI] shiller pe ratio near record high
Adrian Tymes
atymes at gmail.com
Wed Jun 24 11:17:09 UTC 2026
On Wed, Jun 24, 2026, 6:24 AM John Clark <johnkclark at gmail.com> wrote:
> On Tue, Jun 23, 2026 at 9:43 AM Adrian Tymes via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
> * >> the most overpriced company of them all is SpaceX.*
>>
>>
>>
>>
>> * > Checking the stock price this morning, it seems my hypothetical
>> strategy - "buy at the IPO then sell within a day, because within a week
>> it's going down" would have worked. *
>
>
> *Yes but if you're a small investor and you don't have a friend who owes
> you a favor and is in charge of a large mutual, pension or hedge fund,
> then your chances of actually being able to buy any SpaceX at the IPO price
> of $135 would have been very low; when trading actually began on June 12
> the stock opened at $150, and at the end of the day it was at $161. *
>
Yeah, I was accounting for that. In this scenario, I would have sold at
$192.50. Not as big a gain as buying at $135 and selling at last Tuesday's
maximum high, but a gain nonetheless.
>
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